Anonymous
(ID: W3e0EXA5)
6/26/2025, 12:24:29 AM
No.508731726
>>508730932
>One hour of minimum wage work in 1961 got you 0.032857 ounces of gold
No, it absolutely did not.
One hour of minimum wage work in 1961 got you $1.15 in federal reserve notes.
It wasn't even legal for US citizens to own gold until 1974, and contracts that specified payment in gold were legally banned until 1977.
Adjusted for inflation, $1.15 in 1961 is the equivalent of $12.36 today.
You zoomers are absolutely retarded.
>One hour of minimum wage work in 1961 got you 0.032857 ounces of gold
No, it absolutely did not.
One hour of minimum wage work in 1961 got you $1.15 in federal reserve notes.
It wasn't even legal for US citizens to own gold until 1974, and contracts that specified payment in gold were legally banned until 1977.
Adjusted for inflation, $1.15 in 1961 is the equivalent of $12.36 today.
You zoomers are absolutely retarded.