X @Nick Szabo
Nick Szaboยท2025-10-22 01:08
If you invested your hard-earned dollars in a money market fund in 1990 and cashed it out in 2024, how much more or less would the resulting greater number of dollars have bought you? If you had instead invested it in gold, how much would that have bought you in 2024 compared to what it could buy you in 1990?MMF: (average rate of return 2.8%/year):$1 in 1990 cashed out as $2.56 in 2024 which could have bought you0.98 times as much house0.39 times as much college education0.64 times as much health careGold:$ ...