While the world is in crisis, with major financial institutions, and not the money supply in many countries is greatly inflated, and governments that go bankrupt overnight, we can find safety in burgers? Yes, burgers.
In 1964, you can go to a popular hamburger Inn Drive, park your car and order a hamburger .15 percent. Taking the challenge to buy a hamburger for .15 cents seems to be difficult today. Addressing the drive through and look at the menu, you can see the cheapest burger on the menu for $ 1.00. However being lucky could take a penny and a dime and find a dime to be dated 1961 and nickel dated 1942. The dates that have to do with buying a hamburger for .15 cents?
Silver was used on coins until 1964, after the government stopped issuing silver coins or significantly reduce the silver content from the Kennedy half dollar from 1965 to 1970 (40% silver ) and the Eisenhower dollar 1971-1976 (40% silver).
The money is real money, a store of value, while currency issued by governments do not have a store of value. When the transmitter devalues the currency by printing or scanning huge amounts of money, then it becomes a lower value. One can compare the currency for dirt. Taking money penny and nickel in a local coin store can be exchanged .15 cents in money and in exchange receive $ 1.20 in cash. That would be enough to buy a burger and pay the tax. The formula used by the coin stores to buy money varies with the spot price of silver; Today he paid eight times the nominal value, or in other words 8 X 0.15 = $ 1.20.
Of course, you can find a silver coin in their change from time to time. However, the moral of the story is that paper currencies are wonderful future undervalued a $ 1.00 hamburger could be in danger.
Silver was used on coins until 1964, after the government stopped issuing silver coins or significantly reduce the silver content from the Kennedy half dollar from 1965 to 1970 (40% silver ) and the Eisenhower dollar 1971-1976 (40% silver).
The money is real money, a store of value, while currency issued by governments do not have a store of value. When the transmitter devalues the currency by printing or scanning huge amounts of money, then it becomes a lower value. One can compare the currency for dirt. Taking money penny and nickel in a local coin store can be exchanged .15 cents in money and in exchange receive $ 1.20 in cash. That would be enough to buy a burger and pay the tax. The formula used by the coin stores to buy money varies with the spot price of silver; Today he paid eight times the nominal value, or in other words 8 X 0.15 = $ 1.20.
Of course, you can find a silver coin in their change from time to time. However, the moral of the story is that paper currencies are wonderful future undervalued a $ 1.00 hamburger could be in danger.
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