Thread 513625712

In 1971 the minimum wage was $1.60 per hour, $64 per week or 1.82 oz of gold.

In order to have the same spending power in 2025 the minimum wage would have to be $150 per hour.

$1.60/hr, $64 a 40-hr week. Gold 35/oz, $64 = ~1.83 oz.
To match that purchasing power today (gold ~$3342/oz), you'd need ~$6115/week or ~$153/hr.

https://files.catbox.moe/1x93mi.mp4

spending power? that's racism goy... think of the mutts instead that can replace you

>File: 1726314051710786.webm
These are fake, correct?

>>513626011
no

>>513626011
it's probably a unix timestamp from when he saved it from a 4chan thread

>>513625712 (OP)
You can use the math to roughly calculate how much the kikes have stolen from you in labor/currency value over the course of your life by taking an estimate of your yearly working hours, subtract your hourly wage from the $153 figure above and multiply. That doesn't even cover everything.
It's only a rough estimate.
Then multiple that by the amount of working people.
Then you start to understand how billionaires became billionaires
They stole it from you
Not earned
Stolen

The implication here is that inflation is the core problem -- rather than distribution.

Rest assured, the banks have more gold than you and the only thing they would use a gold standard to do is say "we literally can't afford x, y, or z".

Ask yourself how much gold was involved in the economic miracles of Germany, Japan, and China? I have no idea how this dumb libertarian bullshit keeps getting traction on this board when you have the literal example of NS Germany literally making fun of the gold standard (Metallurgical Research Society aka MEFO) while they turbocharged their country.

>>513626892
Here's my calculation based upon 20 years of work at a wage of $30 per hour:

$5,040,000.

That's just 20 years. We end up working more than that. Many people do not make $30 per hour. Many people work more than 2080 hours per year (standard 40 hr work week)

WE ARE BEING ROBBED BLIND EVERY DAY EVERY HOUR

>>513625712 (OP)
Sorry goy, but someone has to pay (((interest))) on all that government debt.

>>513627173
You didn't show your calculation

>>513628090
>Greece flag
(You) were being sarcastic but yes Interest Payments aren't fake
they're Real
and are the biggest problem with all that "fake" debt note fiat currency and "fake" national debt/deficits "it's all fake" amirite

>>513625712 (OP)
But the price of gold doesnt decide buying power when yoy're off the gold standard. Once it's value wasn't dictated by the dollar, it gained value relative to the dollar as time went on. The whole thing is predicated on if the gold standard applied when the premise is the opposite, isnt it?

It's so fucking bad on my end bros

>>513629443
The data is to compare purchasing power of generations. It is to explain to people who've watched tv for too long that their world has been taken from them.

>>513625712 (OP)
Cool. Let's implement a $150/hr min wage. Enjoy your $50 fish and chips, stupid.

>>513625712 (OP)
The point of capitalists sm is not to make everybody rich.
This is communism.
The point of capitalism is to make few rich and majority working poor slaves.
You dumb or what?

So no high wages for the slaves.
We are not building here communism, boy!

>>513625712 (OP)
Stupid american propaganda. You only had it good from 1950 to 1970. Because of the communism.
The american rich ruling capitalist class was scared from the communism . it was a threat for their rule and power. They did not want the workers to turn communist, so they cut a big slack on them. A huge one. Now they are taking it back.

Enjoy capitalism. Neither gold, nor cripto , no anything will change your life. It will only get worse. You kids will get poorer and poor with every generation till they lose everything and become homeless.

But thus happens every where not only in USA.
Enjoy capitalism!

>>513632861
Physical silver will change one's life for the better though.