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The $20 USD bill is the new 5$ bill
(lemmy.dbzer0.com)
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definitely someone a few hundred years ago
During thr gold-standard era, 1GBP was around 5USD, but a halfpenny was 1/480 of a pound, so a little more than a cent. The large-format cents issued up to 1857 were similar in size to the halfpennies of the late 1700s.
~~Doubtful, considering money back then was pinned to something like gold or silver.~~
Some excellent points in the replies. I withdraw my statement!
Are you under the impression that this prevented inflation somehow?
Spoiler: it didn't.
Shhh don't tell them about what happened after both world wars
Or the time Ulysses Grant ordered the Treasury to flood the gold market - temporarily tanking the US economy - in order to crush his own brother in laws market manipulation scheme.
~~The US went off the gold standard in 1971 and OP is talking about 10 years ago, so 2016.~~
Disregard. The commenter is referring to the 100 or so years ago.
I’m replying to the “100 years ago” guy talking about halfpence.
Ahh, fair. I misread that.