USAF Colonel Steve Austin, The Quarter Billion Dollar Man
The 2020 name for the 1971 TV show, "The Six Million Dollar Man" should be "The Quarter Billion Dollar Man" due to the loss of purchasing power of the USD.
Coventry League
An M&A and Strategic Finance Advisor
Coventry League
An M&A and Strategic Finance Advisor
Tag fiat currency
Super Bowl XLVIII: Fiat Currency Vs. Precious Metal
Apparently, one would need more than 200x the amount of U.S. dollars and 6x the amount of gold to buy a ticket for Super Bowl XLVIII versus a ticket for Super Bowl I (1967).Sources: Coventry League; Bloomberg; Zero Hedge Source:…
Top 10 Reasons For Fiat Currencies
Yuan Dynasty Banknotes (circa 14th century) Let’s end the year with some humor from The Daily Capitalist and its recent post titled “Top Ten Reasons Why Fiat Currency Is Superior To Gold (Or Silver) Money.” The Top 10 Reasons are…
Gasoline And Oil Prices
Proven world oil reserves, 2009 Below is a 72-month chart from GasBuddy.com illustrating the price of gasoline per gallon and the price of crude oil per barrel (WTI, albeit Brent has a greater impact on U.S. gasoline). Source: GasBuddy.com Nevertheless,…