Loading ...You just have to wrinkle them up a little to soften them up. They are washable too, and then you can redeposit them or just throw them out. A US Dollar is equal to 4 slices of bread. So not a big cost. A Silver backed US Dollar used to but ten loaves of bread. A silver Dime for a loaf of bread.
A decent loaf of bread today is $4.00 so realistically your old 1964 and before silver dimes are worth $4 each or 40 times face value. But the fake silver prices of today those dimes have a $1 melt value, or 10 times face value. Lately I hear there is a big premium cost over the fake price of $12.63 Friday.
Now for the fake Copper price. On Friday the price was $2.15 a pound. How ever if you search cost of 1 oz Copper rounds they are selling $1/oz or $16/lb for the true cost of Copper.
Now, if you have 140 pennies or $1.40 worth of pre 1982 copper pennies you will own 1 lb of 95% pure Copper worth $16, and only cost you $1.40. We’re not allowed to melt them down though. I have seen copper penny bags selling 5 times face, a nickel each.
“Since 1977, the Federal Reserve has operated under a mandate from Congress to “promote effectively the goals of maximum employment, stable prices, and moderate long term interest rates” — what is now commonly referred to as the Fed’s “dual mandate.”
Comment: The “maximum employment” part? They left out the inflation adjusted pay scale. Who needs “maximum employment” with inadequate pay? And the “stable prices, and moderate long term interest rates”?? We all know that didn’t happen either, and nobody, not even Trump talking about these things.