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.
Stories You Might Like
There’s a lot happening in the world. Through it all, Marketplace is here for you.
You rely on Marketplace to break down the world’s events and tell you how it affects you in a fact-based, approachable way. We rely on your financial support to keep making that possible.
Your donation today powers the independent journalism that you rely on. For just $5/month, you can help sustain Marketplace so we can keep reporting on the things that matter to you.
