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RE: COIN SHOP VISIT - FIVE DOLLARS AS TEN HALF DOLLARS - 20180616
After a bit of research, $5 for a week's labor was common in 1870's. Maybe averaging $7 for common labor in paper mills. After a week of labor, a laborer could purchase 100 beers.
The 1870's half-dollar had the same content as these half-dollars. The same amount of silver bought 10 beers in 1870s but only one beer in 1940s. $5 bought 100 beers in 1870s, but only 10 beers in 1940s.
Today, the silver content of $5 is worth about $60, so you could get about 12 beers at $5 each. So, we are better off today than in 1940s.
Today, at minimum wage $7.50 at 40/week a laborer gets $300/week and can only get 60 beers at $5 each.
Conclusion: Our new Trade Unit should be BEER!
I'm thinking the Federal Reserve had a hard time dealing with our Silver and Gold Coinage... They were able to fool people for a long time as our Silver and Gold Coinage co-existed with their Debt Notes... It finally did get to the point where it was no longer possible to cover up the difference between our Money and their Money... To this day, they're still doing their Manipulation Tricks... Their Debt Notes are going to become history, very soon... I sure hope we have the Back-Up Plan I've been writing about...