Gas for 2 dimes

Sign at Ashland, Oregon station

That is two of these coins:



Because dimes before 1964 were silver dimes.   And a silver dime contains 90% of silver and weighs  0.0723 oz.   So that means that the silver melted would be around 2  fiat dollars per silver dime.  More or less like 1 gallon of gas….

“… if government manages to establish paper tickets or bank credit as money, as equivalent to gold grams or ounces, then the government, as dominant money-supplier, becomes free to create money costlessly and at will. As a result, this ‘inflation’ of the money supply destroys the value of the dollar or pound, drives up prices, cripples economic calculation, and hobbles and seriously damages the workings of the market economy. “

Murray Rothbard, “Taking money back

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