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![CurtisScoon Avatar](https://lunarcrush.com/gi/w:24/cr:twitter::130819780.png) Curtis Scoon [@CurtisScoon](/creator/twitter/CurtisScoon) on x 21.5K followers
Created: 2025-07-26 14:09:35 UTC

That was the set price for gold when the dollar was backed by gold. In 1971 Nixon took the dollar off the gold standard. Gold didn’t become more valuable. The dollar lost value. Everything was cheaper back then. You could buy a brand new Cadillac for 6k. People made less money as well.


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**Related Topics**
[cadillac](/topic/cadillac)
[money](/topic/money)

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