The median salary today is $65,000.
In 1970 it was $8,500.
Looks like progress.
Until you measure it in gold.
1970: 236 ounces
2026: 15 ounces
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Replies (17)
That's insane wealth redistribution to the globalists.
Sorry, that's cherry picking...
1980: 20 ounces
2020: 30 ounces
das dachte ich mir auch aber 1970 war der dollar an gold gebunden, also vielleicht kein ganz so schlechter vergleich
Measuring in gold is the great unlock for the common man
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Ja aber ein Jahr bevor die Goldbindung abgeschafft wurde, war die Differenz zum tatsächlichen Marktpreis wohl am größten, würde ich sagen.
So wie beim argentinischen Peso früher, eine Differenz zwischen offiziellem Preis und Schwarzmarkt
Now that’s cherry-picking lol…
1971, good year for gold, bad for the $
Wtfhappenedin1971.com 🤔
They boomed us
Good point. Gold price in 1970 was fixed by law... i.e. not a particularly good baseline from which to measure progress.
It has always been that way, nothing new new.
Oh wait until we heard of Satoshi…
Will people ever get educated about Bitcoin? 😵💫should they?
I measure the minimum wage in Helmans mayonnaise. I’m still down.
It’s not just wages that decay. It’s EVERYTHING
sucks to be poor 😜
"Gold is money. Everything else is credit." JPMorgan
Quote is not adjusted for #bitcoin though..
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Most people can’t comprehend how much was stolen from them
My median salary, targeted, for being the most awesome human... was approximately $9,000/yr. Let that sink in. Oh, and I own Disney. Somebody is in trouble.