>>539494989hey nice thread anon, i like your flag
>>539494989That number is obviously wrong....
>>539494989You will earn 7k a week by just tweeting out engagement bait with a checkmark
So make more money, dork. Bootstraps, pull em up.
>>539494989It's crazy how the simple act of issuing national currency under interest literally doomed the entire world population in less than 50 years, besides all the technological advancement.
>>539494989>>539495684Correct. Minimum wage, priced by gold, should be $100-150/hr for minimum wage, to match 1970.>>539496061Get a refund from kike entrails.
>>539496275Im going to need a source on that number.
>>539496771>Gold 1970: 38.90/oz>Gold today: 4052.50/oz>Min wage 1970: 1.45/hrThere, I googled things for you. Do some basic algebra
>>539496771Its basic math.1970 minimum wage $1.45/hr1970 gold $38.90/oz26 hours to buy 1 oz2026 price of gold $403226 hours to buy 1 oz puts minimum wage at $155.07/hr. Where is the stolen money going? Into Jews pockets.
>>539497401>Price of Google in 1970: 0 dollars>Price of Google in 2026: 300 dollarsHey filthy capitalists, why am I not making infinity dollars per hour?
>>539497600
>>539494989BUMP
>>539496275Why on Earth would you use gold and not actual goods that people consume? The price of gold is very unstable and it's largely driven by speculative investors.
>>539496771I’m going to need you to slice your neck open. Faggot.
>>539494989>stats can be misrepresented therefore everything is fine
>>539496275You can't buy anything with gold, dufus
>>539497732The worst part is it reads as a joke.
>>539497811Its the most used currency throughout all of history. Pic is you >>539497732
>>539496275Is 1970 so long ago to you that you think it's beyond living memory? I was there. People busted ass to live like shit then, same as now. You're full of shit.
>>539497876>you can't buy anything with money
>>539497876Yes we live in a Jewish prison state where you can only use fake Jew tokens from the federal reserve.
>>539497732You are collapsing the entire equation down do the price of gold, and I am the retard? Making arguments does become very easy when you disregard all of the complexities of the world.
>>539498004>You are collapsing the entire equation down do the price of gold, and I am the retard? Yeah.
>>539497811because hes stupid and uneducated
>>539497600Why would you pick something that didn't exist to compare costs?
>>539498004We can go even further and compare the longevity of goods, but you don't want the number to go even higher, so stop whining.
>>539497876I could buy your sisters pussy for an right of an oz.
>>539497811
>>539497984shiny lumps aren't money no matter what drooling ron paul says in live reads
>>539494989Wow you made yourself look gay anf retarded. Never saw that beforeCongradulations faggot
>>539494989You forgot to mention the houses you could purchase in 1971 for 12 thousand dollars that would be worth 35 million today.
>>539498123Gold will never be worth zero and never has. It's a stand-in for money because it has intrinsic value. So it's consistent across eras. He could have said price of ground beef if that helps you, though at $8/lb that would prove the same point.
>>539497971>People busted ass to live like shit then, same as now. You're full of shit.And here we have the bitter boomer. Many years spent in service of his semitic overlords; now at his end he has little to show for it. His home has sat on the market for 3 fiscal quarters with no offers, and his 401k is getting rekt by SpaceX. And so, in his confusion and anger, he lashes out at the young. Those who see the system for what it is. The implications to his own suppose wealth and ego; these are troubling for the boomer. Thus is retires to the nursing home, to be mishandled by Jamaican women and ignored by his children untill he passes away. Unremembered and unloved.
>>539497953But it's a terrible currency
You get out of jail free card when someone dunks on you with data.
>>539497600Not only did you pick something that didn't exist. You picked something that is speculative. Which is literally the entire point of a finite physically existing standard pinned to a currency.
>>539494989How so? "Our" money is fucking worthless now.
>>539497600You truly are God's gayest retard gorilla nigger.
is this true? how do you figure?
>>539497811Gold is still gold. Consumer goods have been getting worse in quality over time. The only exception is tech
MUTTMERICA 2026 IS THE (((AMERICAN DREAM)))>MUTTMERICA 2026 IS THE (((AMERICAN DREAM)))MUTTMERICA 2026 IS THE (((AMERICAN DREAM)))>MUTTMERICA 2026 IS THE (((AMERICAN DREAM)))MUTTMERICA 2026 IS THE (((AMERICAN DREAM)))>MUTTMERICA 2026 IS THE (((AMERICAN DREAM)))
>>539494989The ratio of wages to housing to oil to copper has been relatively constant over the past 60 years. What has changed in the SP500 and gold and silver prices have gone way up. So the gold to minimum wage ratio is a useless stat. In reality the cost of living is just about the same as its always been ... and this makes sense because the productive goods and services of society will be distributed mostly amongst the working class. The average family is tight with money, but that was true for every decade.The stock market and gold has been in a speculative bubble for decades, but cost of living is relatively the same.
>>539498123
>>539497971Shut up kike. TKD
>>539496275Why doesn't 1970 match 1945 for minimum wage in gold? Why was there still massive inflation when we were on the Gold Standard?
>>539498682>In reality the cost of living is just about the same as its always beenEven if you were born yesterday that wouldn't be true
>>539498308The only people who say to buy gold are Jews who make 10% per transaction and their Goy-slaves who make advertising money for saying "buy gold".
>>539498682and here you are arguing that gold is in a macro bubble?
>>539498548But gold is still very unstable and the price is driven by speculation. Toilet paper, food, housing, bullets, etc would be much better measures of purchasing power.
>>539498710>Why was there still massive inflation when we were on the Gold Standard?Jewish central bank was around since 1913 and printed money for gold that wasn't there. It's why breton-woods fell apart. France wanted gold for all the federal reserve notes they had but the kikes printed way more dollars than there was gold in existence.
>>539498682>>539498878or just maybe its because of this?
why do migger kike lovers get so mad at the golden age of america, and demand we keep turning this place into a jewish hellhole where white families are shot in the street by beaner zog enforcers?
>>539498710Fractional reserve principle. The jews who own the Federal Reserve knew that they could print 10 times more money than there existed gold on the entire planet, and it would never come back to bite them.
>>539494989In 1965 minimum wage was something like 1.25, if you were paid in 90% silver quarters thats equivalent to roughly 50$ at current spot. Assuming an 8 hour workday thats roughly 400$ a day, assuming a 5 day workweek thats roughly 2000$ a week, assuming you work every week of the year, thats roughly 104000$ a year.
>>539497506You're thinking about this the wrong way.It means that gold is overpriced, but the cost of living is still relatively the same.>>539498370>People busted ass to live like shit then, same as now. You dont remember your dad busting his ass 60 hours a week while your mom sat on the couch?>>539498776It is true.Check yourself the ratio between wage vs house vs rent vs oil vs SP500 vs gold. The only thing that has hyperinflated in SP500 and gold. Probably people have too much disposable income because a lot of people arent starting families.>>539498878Where you getting that data? One of those hyper-inflation websites?My (official USA data) shows median income to median house prices rose from 3.0x to 5.0x since 1970. But you have to realize the average house in 1970 was a tiny post-WW2 shack, while the average house today is larger and built with very burdensome building code regulations. You are buying a different house today than in the past. The economy is a treadmill. Standards of living remains mostly the same over decades, unless a technology like computers revolutionizes the free music and books market for example.
>>539497876just gonna use this boomers post as a basis. 4 bedroom apartment for $4001.60 min wage in 1970 x 40hr work week x 4.3 weeks a month = 275.2 x 2 people working = 550 17 min wage in 2026 in NY, x 40hr week x 4.3 weeks = 2924 x 2 people working = 5848 average rent is >5000 studio>7000 1 bed>8000 2 bed>10000 3 bednobody even lists 4 bedroom apartmentscant even afford a bed in 2026
>>539498890>housingalready did >>539498878>food1970 pricesmilk .78 a gallonround steak 1.78/lbwhite bread .39/lbNone of that taking into account todays food is less nutrious and filled with poison>gas1970.57 gallon
>>539497506> Stolen moneyYeah see it's the labor that is being stolen, the money is the method.
>>539499053But muh price of gold in 1970!I doubt you even know what those words mean.
>>539498946meaningless without inflation adjustment and population adjustments. Then also have to compare between ratios of other commodities and wage indicators to make sure you put "number goes up" chart into context.The economy is a treadmill of living standards mostly staying the same. Life was always hard.
>>539498895So literally the same problem as without the Gold Standard.
>>539499156>(official USA data)are you serious nigger?>average house today is larger and built with very burdensome building code regulations.and also built like a complete piece of shit. Look at the quality of new builds now, then look me in the face and tell me you would pay over half a million dollars for that build quality.>>539499267>printing trillions of dollars means nothing goy!kys, no more (you)s
>>539499221Ok so what's the result?
>>539499245The fractional reserve principle is the principle which states a bank only has to have 1/10th of its clientele's money on hand, because generally speaking people only use 1/10th of the money they have in the bank on any given day. What this means in practice is that jews will take your money and use it for investments and other money games so that they can make money off of your money. This relates back to inflation and the gold standard, because the jews who own the money printers know they only need to have 1/10th of the amount of gold on the entire planet at any given time. They can simply keep printing currency even though there are more receipts for gold than there is actual gold. That's why inflation continued to rise even when the currency was gold backed. You dumb nigger kike gorilla golem.
>>539497971>People busted ass to live like shit thenThey owned houses and had sex and families at much, much higher rates. Every time I talk to someone from that era, their concept of hard work is having a buddy punch their timecard while they go fishing, because the workload was always light enough to cover someone's absence. There are no jobs today where the workload can be covered while an employee's missing, let alone jobs where you're not being monitored at your station.
>>539499409>printing trillions of dollars means nothing goy!Anon please just do it.Compare the ratios of commodities and services and wages from 1970 to 2025. The cost of living is mostly a treadmill even though individual assets will go through boom and bust cycles. The funniest thing about these gold shill threads it that it turns out gold is in a bubble rather than the cost of living.
>>539494989Minimum wage for non-farm workers in July 1971 was $1.60. According to Shadow Stat and Consumer Price Index that's equivalent to $100.42 in 2026.If you worked full time, 40 hours per week, that would be equivalent to $4,016.80, $8,033.60 per paycheck, and $208,873.60 per year, but it's irrelevant because the answer is never more money it's making your money be worth more isn't deflation.
>>539499559one of my more recent jobs had us micromanaged down to ten second intervals
>>539499675Now compare how much beef, coffee, oil and rent you could by with a minimum wage salary. Cost of living is a treadmill.
>>539499636No one's falling for that lie, you moron. The price of gold isn't even relevant. Germany turned its economy around with fiat currency and called it labor backed currency. The ONLY thing that matters is keeping money printers out of the hands of kikes, and the ONLY reason why everything is insanely expensive these days is because money printers are currently in the hands of kikes.
>>539499675$1.60 in 1971 is $13.19 today.
>>539499841according to who? The people who have been devaluing the currency for the past 100 years? Why would they have any incentive to provide accurate information on inflation? Not to mention they've outright and publicly changed the CPI calculation multiple times just since Reagan.
>>539499841Not even fucking close.
>>539499675Interestingly though, the minimum wage was originally established at $0.25 in October 1938. That would be equivalent to $45.03 in 2026 which is $3,602.40 per paycheck which is $93,662.40 per year. So it is cherry picking to start there because that's a rather arbitrary date.
>>539499795Didnt you read Exodus?God gave the rulership of the entire land of Egypt over to Jacob so that he would provide food to the poor. Then blessings to rule the banks and institute the laws of nations were given. >>539499983please explain to me what the lifestyle of a gas station attendant making 200k was like. What kind of car did he drive, and how much gold did he stack?
>>539499297>So literally the same problem as without the Gold Standard.Right, jews. It's not nearly as important what kind of monetary system or government system you have as whether or not jews are allowed to be a part of it. Having a gold standard is all well and good but if you have jews anywhere near the levers of power it doesn't matter. No system no matter how well thought out it is to endure the centuries can't endure jews, unless that system explicitly bans jews.
>>539500010>So it is cherry picking to start there because that's a rather arbitrary date.no its not, 1970 was in discussion due to leaving the gold standard
>>539497506>Its basic math.>1970 minimum wage $1.45/hr>1970 gold $38.90/oz>26 hours to buy 1 oz>2026 price of gold $4032>26 hours to buy 1 oz puts minimum wage at $155.07/hr. Where is the stolen money going? Into Jews pockets.It's the same with cigarettes. 1970 minimum wage $1.45/hr was enough to buy 6 packs of cigarettes. 2026 6 packs of cigarettes costs over $100.
>>539499790That's what shadow stat does and why it's more accurate and so wildly different than other estimates because they took out all of those things that actually matter. Unfortunately shadow stat only covers 1969-2022 so you have to use Consumer Price Index or another alternative to cover dates before and after that which allows for some margin of error
>>539500056Nice of you to just come out and admit that you're a kike trying to gaslight people into accepting your incompetent financial leadership, I guess. I don't think "God told me I'm allowed to own all of the banks and make life unlivable for goyim" is going to fly with most people, though.
>>539499983Well as a person with a job who regularly buys things, their number seems a lot more accurate than yours. According to this guy >>539499221 milk was 78 cents in 1970. Now today, does a gallon of milk cost $70?
>>539500096Ah, well that context wasn't provided but if makes sense
And this nigger is posting jewish fairy tales... to justify usury?This time there will be gaschambers. As inefficient as they are, I'll make sure they're built just for the cosmic irony.GTKRWN
>>539499841You've got to use shadow stat https://www.halfhill.com/inflation_js.html
>>539496275>>539496771>>539498710In 1970 gold was not legal for citizens as a commodity and could only be sold to the US govt at 35 dollars per ounce. Insanely suppressed price because the only legal buyer is uncle sam.
>>539499267>living standards mostly staying the sameAbsolute BS... My parents where on their 3rd house before 30. Mom got health care for life from dad's gov job. Sure people worked jobs they didn't like but full time 40h no college etc was still a house, car, wife and kids.How the hell is standard of living the same when only the top few percent are gaining wealth and the top ten percent are now fifty percent of all consumer consumption?? You're acting like dude hated his job in 1970 and people hate their jobs in 2026 so same same.
>>539497506The value of gold is no longer accurate. Our currencies aren't backed by the value of gold, so why would you use present dollars to place the value of gold? Don't you see why this is defeatist logic? An apt comparison is simply to compare the actual spending power of the currency at the time. Complaints vis a vis fiat currency are perfectly valid and should be discussed at length, but bringing it into a comparison of earnings individually is innacurate.
>>539497506>milk was $1.15 per gallon>eggs was $0.60 per dozen>bread was $0.30 per loafSo by your logic, they were paying the equivalent of 30-40 dollars per gallon of milk.
>>539500260My mistake, it's $13.56
>>539500468>>539500468
>>539500174>Now today, does a gallon of milk cost $70?no, because the government subsidies it. Along with all other basic food stuffs. The reason we dont have bread lines now is because they spend the tax money at the farm instead of the kitchen.
>>539498063Because most gold isn't real, it's fiat.
Holy fuck old people are retarded.
>>539497971I was there too. All I remember is if you showed up every day, on time, and did what the boss told you to, you could do pretty well.The Reagan Revolution led the first main assault on the working and service class, as revenge for not letting USA win the Vietnam War.
>>539496275>priced by gold
>>539501726i spent last night listening to old people whine about how life was hard being poor with 12 siblings.maybe don't have that many kids and the money would go a little further
>>539500342White bread was 60 cents to a dollar for specialty breads, then came the (((Wheat Shortage))) of the 70s, and bread shot up to 2.50 and higher. Never came down after the "shortage" was over.
>>539494989minimum wage in 1971 $1.60 is $17.81 an hour in todays money. That is only $712.40 dollars per week in todays money.
>>539497811Use silver like what was in every coin and you get similar results.We have been robbed blind by banker kikes
>>539497506the price of gold has nothing to do with any of this.
>>539502198Lying with statistics 101: reject a premise because other premises exist.Rope.
>>539498308Except is is not longer tied to reality because of electronic speculation/ fake investment. For thousands of years and ounce of gold would buy you the equivalent of a pretty decent pair of shoes and a suit (nice sandals and tunic, etc.). That all went to pieces with the advent of the internet and intangible pretend investing in it. You can't use it to make those comparisons any more.
>>539498466Except it's not pinned to currency. That ship sailed long ago, and it is speculative. People "buy" gold every day and never does a brick or coin fall into the equation. Learn something for goodness sake.
>>539497811>Why on Earth would you use gold and not actual goods that people consume?The purest and most reliable currencies are those tied to a precious asset of some form. Gold is typically used because its quantity is known, and its rarity ensures innate value. What you are describing is more or less how fiat currency is today valued. If what you instead meant was can a currency be pegged to the total real output of a nation, then yes that is physically possible and would be an interesting idea on paper, but probably not so much in practice. While I could imagine some mutual fund-style methodology (NAV of this theoretical dollar = total economic output of the nation at close of day / total dollars in circulation), I can also guarantee it would be corrupted almost immediately.
