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True prices measured in gold

The website PricedInGold.com measures how much things would cost you in gold.

This final note, which will appeal to the Ron Paul fans out there. His best-known saying is "end the Fed," of course, followed closely by, "it's only money if you pull it out of the ground." By which he means gold.

So, I found a website courtesy of my Twitter feed today called PricedInGold.com. You can look up pretty much everything -- natural gas, food, you name it.

Anyway, I clicked on college tuition and it turns out that, if you're paying in gold, a year at Yale University costs about the same today as it did in 1900. One kilogram.

'Course, today there's that price of gold thing to deal with. Today, 'bout $1,700 an ounce.  

About the author

Kai Ryssdal is the host and senior editor of Marketplace, public radio’s program on business and the economy.

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