Share this sentence
— Mark Skousen"Back in 1960, the paper dollar and the silver dollar both were the same value. They circulated next to each other. Today? The paper dollar has lost 95% of its value, while the silver dollar is worth $34, and produced a 2-3 times rise in real value. Since we left the gold standard in 1971, both gold and silver have become superior inflation hedges."
Discover more quotes
Previous Quote
When I arrived in America, I experienced serious culture shock. For someone with a religious upbringing, the 1960s were an extremely difficult time. Even though religion was a big part of the civil rights and peace movements, in my college religion was treated as irrelevant, hopelessly stodgy, and behind the times.
— Feisal Abdul Rauf
Next Quote
Is it just a coincidence that as the portion of our income spent on food has declined, spending on health care has soared? In 1960 Americans spent 17.5 percent of their income on food and 5.2 percent of national income on health care. Since then, those numbers have flipped: Spending on food has fallen to 9.9 percent, while spending on heath care has climbed to 16 percent of national income. I have to think that by spending a little more on healthier food we could reduce the amount we have to spend on heath care.
— Michael Pollan
Loading recommended content...