Rock N Roller

Ian McAvity on the Economy and Gold

A week dollar may be only worth say 50 cents a T Bill is worth 100 cents on the dollar giving you twice the purchasing power of a devalued dollar. so your neighbor has a dollar that will only buy 50 cents worth of gum. your T-bill will buy twice as much gum, because it is a t-bill and is worth 100 pennies.