Thread 518713610

minimum wage in 1970
>$1.50
minimum wage in 2025
>$7.50 - 15

gold price per troy ounce in 1970
>$36
2025
>$3,500

36/1.50 = 24 hours of work to afford one ounce of gold
3500/15 = 233 hours of work to afford one ounce of gold.

People were making x100 more money in 1970.

You work more for less money. Why?

>>518713610 (OP)

The dollar has held its value well in terms of brass

>People were making x100 more money in 1970.

this is a massive redpill that could cause normies to seethe and riot. it should be spread

>>518713610 (OP)
>Why?
5 billion new shitskins constantly imported do destroy your wages, increase food and housing expenses and buying small amounts of gold too. Immigration and Nationality Act of 1965 - implemented all over white countries at various times.

the dollar was not worth that much then instead
it had been debased prior via money printing

>>518715991
gold should be extremely cheap due to advanced mining technology, im pretty sure mining in 1920 was harder than today

>>518713610 (OP)
>People were making x100 more money in 1970.
10x you normgroided retardcel!

If you have tired of these low IQ low effort b8 threads, join us at (picrel)/f/ today!

>>518713610 (OP)
Literally nobody makes 7.50 per hour in the US.

Elon Musk has 500 billion USD.

If he divided his money by the human population of 8 billion, we could each have 1 billion dollars and he'd still have 492 billion remaining.

Why is Elon Musk so greedy?

>>518718403
No, he doesn't have that in cash, retard. That's only if he sold all of his Tesla stock.

>>518716736
demand has also increased, industrial and investment. more easily mined reserves become depleted over time as well, the gold rush for example.