Tag Archives: economy

Costco sold more than $100 million worth of gold bars in just three months.

Costco sold more than $100 million worth of gold bars in just three months.Source

Arizona Iced Tea’s 99¢ price has remained unchanged for over 30 years.

Arizona Iced Tea’s 99¢ price has remained unchanged for over 30 years.Source

In 2023, the U.S. tourism industry generated an estimated $204.45 billion in revenue, making it the…

In 2023, the U.S. tourism industry generated an estimated $204.45 billion in revenue, making it the…Source

In Hungary in the 1940’s, while…

In Hungary in the 1940’s, while the country was experiencing the worst hyperinflation in recorded history, they issued a bank note with a denomination of 100 quintillion Hungarian pengős, which was worth approximately US $0.20. Source

JP Morgan bailed out banks in 1907 but…

JP Morgan bailed out banks in 1907 but a severe recession occured anyway. Nelson Aldrich, a powerful senator with close ties to Morgan, led a mission to Europe in 1908 to study the workings of the central banks in England, France and Germany. The Federal Reserve was created a short time later. Source

WTF Fun Fact 13070 – Recessions and Mortality

People tend to be healthier during recessions. Click to read the full fact. The post WTF Fun Fact 13070 – Recessions and Mortality appeared first on WTF Fun Facts. Source

It was practically illegal…

It was practically illegal to own gold in the US from 1933 to 1974. Roosevelt signed an Executive Order to force all citizens to turn in almost all gold for about $20 per ounce, then declared the value of $20 in gold to be worth $35 in paper currency – creating a massive inflation. The… Read More »

WTF Fun Fact – Eskimo Pies Save The Day

In 1922, Americans were consuming ~1 million Eskimo Pies a day that resulted in the rise of the cost of … Read More & Source The post WTF Fun Fact – Eskimo Pies Save The Day appeared first on WTF Fun Facts. Source