Originally Posted By: Dan S.
Originally Posted By: Vedder
Loss of the gold standard? That was when?


For all intents and purposes, 1933. Formally, 1971.

A very recent event.

smile


Yeah....and our money today is worth soooo much more than it was back then, huh?

Todd referenced that minimum wage in '72 or '73 was equivalent to $22/hr now....I'm sure that is a completely separate issue. lolol
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