Except the UK Treasury fixed the price of gold at £3.17s10.5d in 1717 and the pr...

		saretired on Dec 29, 2014 \| parent \| context \| favorite \| on: That Debt from 1720? Britain’s Payment Is Coming Except the UK Treasury fixed the price of gold at £3.17s10.5d in 1717 and the price didn't change for ~200 years until the UK left the gold standard in 1931. So, zero compounding for 211 years. The fixed price was set by Newton, btw.