Central NE | in 1913, gold started being fractionally backed,
april 5, 1933 FDR called in the gold, after the gold was out of peoples hands, he devalued it to $35
per oz.
I am using the money standard set by the coinage act of 1792 until 1933. (except the civil war) which defined a dollar at 1/20 per oz of gold, and paper deposit reciepts for that gold.
1934, and 1941 prices would be devided by 35 instead of 20.
after bretton woods, divide by 40
after 1973 divide by "market price"
Edited by Hayinhere 4/12/2025 20:05
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$92 per acre farmland - how much is your grandpas farm worth?
