27 February 2024
It’s no surprise to readers of this site that metals are often worth more than fiat currency. Gold, silver, and other precious metals are known for their value. But sometimes fiat currency can’t even compete with zinc. The US penny, which is primarily made of zinc, costs roughly three cents to produce and is only worth one cent […]
The post Inflation’s Impact: The Penny’s Plunge into Irrelevance first appeared on SchiffGold.