By Charles Wills —— Bio and Archives--April 13, 2018
Only seniors remember when a Baby Ruth was three times the size it is today and only cost a nickel. Only a few of us remember penny candy or nickel soft drinks. The first new car I bought was a 1967 Ford Fairlane GT, and to the best of my memory, I paid around $3,850 for it off the showroom floor, and that included taxes and tags. Today, a new car like that would cost over $30,000 before taxes and registration. So what happened to the value of our money, and what can we do to prevent the dollar from becoming totally worthless?
Currently, there's a bill in Congress, HR5404, to define the value of the dollar in terms of gold. The first 6 points of the bill explains why we need to get back on the gold standard:
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