For more than a century, citizens could walk into a shop, slide a $10 gold “Eagle” across the counter, and walk out with roughly the same large stack of merchandise. Grandparents could spend decades filling a jar with a stash of beautiful coins and pass them to their grandchildren, confident the value of what they saved would not diminish over time.
That is the nature of honest money. Unfortunately governments prefer the dishonest kind.
Check out these Pre 1933 Gold Coins here:
Originally Posted Here: There Was a Time When U.S. Dollars Didn’t Fold, They Clinked.