The US went off the gold standard in 1971 and OP is talking about 10 years ago, so 2016.
Comment on The $20 USD bill is the new 5$ bill
reddig33@lemmy.world 13 hours agoDoubtful, considering money back then was pinned to something like gold or silver.
667@lemmy.radio 13 hours ago
reddig33@lemmy.world 13 hours ago
I’m replying to the “100 years ago” guy talking about halfpence.
667@lemmy.radio 13 hours ago
Ahh, fair. I misread that.
foggy@lemmy.world 13 hours ago
Are you under the impression that this prevented inflation somehow?
Spoiler: it didn’t.
BananaIsABerry@lemmy.zip 13 hours ago
Shhh don’t tell them about what happened after both world wars
jubilationtcornpone@sh.itjust.works 13 hours ago
Or the time Ulysses Grant ordered the Treasury to flood the gold market - temporarily tanking the US economy - in order to crush his own brother in laws market manipulation scheme.