>>511016234

In 1971, the U.S. minimum wage was $1.60 an hour.
The S&P 500 was ~$99.03 a share.

40 hours × $1.60 = $64/week
$64 ÷ $99.03 = 0.64 shares per week

share price today = $6296.79
0.64 × 6296.79 = $4029.94 week, or $100.75/hour

That’s $16,120/month in purchasing power obliterated by the fact you have to use cash to pay for rent/food/ other stuff before you can buy stock or gold or any other investment.

This is what it means to be a dummy who doesnt understand finances