---
title: "1 Paper Dollar Quotes by 1 author"
description: "Browse 1 Paper Dollar quotes by 1 author. Discover the best Paper Dollar sayings and thoughts."
image: "https://sms4smile.com/quotes/i/682/mark-skousen-11524_1960s_back-in-1960-the-paper-dollar-and-the-si_1127100.png"
---

> [Back in 1960, the paper dollar and the silver dollar both were the same value. They circulated next to each other. Today? The paper dollar has lost 95% of its value, while the silver dollar is worth $34, and produced…](https://sms4smile.com/quotes/mark-skousen/back-in-1960-the-paper-dollar-and-the-silver-dollar-both-were-the/)

[Mark Skousen](https://sms4smile.com/quotes/author/mark-skousen/)

[Image](https://sms4smile.com/quotes/i/682/mark-skousen-11524_1960s_back-in-1960-the-paper-dollar-and-the-si_1127100.png)

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                        "text": "Back in 1960, the paper dollar and the silver dollar both were the same value. They circulated next to each other. Today? The paper dollar has lost 95% of its value, while the silver dollar is worth $34, and produced a 2-3 times rise in real value. Since we left the gold standard in 1971, both gold and silver have become superior inflation hedges.",
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