A Gallon of Gas for a Quarter?

A gallon of gas for about a quarter? Let's do the time warp again and find out how it's possible.


A bit of background:
Before 1965 American quarters (half dollar coins, dollar coins, etc.) were 90% silver. They were a medium of exchange like today's quarters but also had the intrinsic value of the silver they were made of. When you were given a quarter (pre-1965), you were given something of actual value--specifically it had the value of 0.18 oz of silver. The government no longer makes money with intrinsic value (because then they couldn't steal the value of your money via inflation) and today quarters are made mostly of copper. A quarter today is worth only whatever "25 cents" will buy and that continually changes for the worse as the government increases the money supply over time.

If you want to know more, read the following free e-book at mises.org:
"What Has Government Done to Our Money?"
http://www.mises.org/money.asp

You can check the value of metals in various coins yourself here:
http://www.coinflation.com/coin_calculators.html

If it bothers you that around $2.25 of buying power has been stolen from every quarter by the government since the 1960's and you want to do something about it consider supporting people like Ron Paul.

Category:

Howto & Style

Tags:

• gallon
• gas
• quarter
• 1964
• silver
• inflation
• fed
• federal
• reserve
• gold
• hyperinflation
• devaluation

[woweasyguides]

So can i sell an old quarter to a gold and silver shop?

[MystryBox]

@woweasyguides yes. or on ebay or craigslist or whatever.

[billehnize]

2.50 for a 1964 silver quarter?

More like 30 dollars now.

[MystryBox]

@billehnize um no. A 1964 silver quarter is worth $6.17 today. It was worth around $2.50 when I made this video several years ago.

[juggalosak]

its just a jump to the left..

[MystryBox]

@juggalosak Yea!  first person in all the years this video has been up to comment on the Rocky Horror reference.

[MTHKITEBOARDS]

Shit now Im going to look for old quarters

[donuttron]

@Schimml0rd he isnt talking about the monetary value of the quarter. Coins were made of different metals. he is refering to the price of the silver in todays market. as every one that watches the economy knows now days silver and gold prices have gone up. and as far as monetary value... the more money thats printed drops the every day value..... not to mention price hikes i.e. a quarter no longer buys a pack of gum. no im not being a d-bag as everyone will say.... i am simply offering info

[qwsdcvist]

@billehnize Where did you see a silver quarter for sale for $30?

[americanIDOLfan11111]

outrageous*

[americanIDOLfan11111]

You can get it for a dime now lol... a 1964 dime is worth almost 3 bucks.. but that just goes to show how ourageous times have gotten since the time you made this video

[Aviatorsmith]

@Schimml0rd Inflation, genius.

[mal3v0lence]

@Schimml0rd wow... sad! close your eyes for too much longer and you'll lose all ability to see at all

[jboles633]

ron paul yall

[ahahali]

@Schimml0rd shame your not a coin collector!

[L0VE2TROLL]

@Schimml0rd you're a retard or you're trolling. I can't tell.