this post was submitted on 03 Jun 2025
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[–] Iunnrais@lemm.ee 2 points 3 days ago

I remember roughly a decade ago I worked out that a gold was equivalent in purchasing power to somewhere on the order of $100, and $100 was a nice round number that’s easy to use to get a ballpark feel for what something is worth, so I pretty much always use that. I’m guessing inflation and/or doomsday preppers (or political culture) has significantly raised the price of gold since then. Inflation too.