[ 3 / biz / cgl / ck / diy / fa / ic / jp / lit / sci / vr / vt ] [ index / top / reports ] [ become a patron ] [ status ]
2023-11: Warosu is now out of extended maintenance.

/biz/ - Business & Finance

Search:


View post   

>> No.16456029 [View]
File: 172 KB, 800x800, 1963-washington-quarter-value-63-1396215402.jpg [View same] [iqdb] [saucenao] [google]
16456029

ANywAy.
Take a $250,000 house. Average normie shit.
Divide it by $1,500 which is an ounce of gold on a good day.
That's 166 ounces.
Now 166 multiplied by current face value of $50 gold eagle is $8,333.
Wow! It's as if a currency backed by gold controls the price of things!

Now, take the 1963 minimum wage: $1.25
5 silver quarters
5 silver quarters have a melt value of $15.55
There is your burger flipping minimum wage
BUT WAIT
Minimum wage is $7.25
The difference is a decrease of -53.37% in the minimum wage!!!!!!
NEVER FORGET WHAT (((THEY))) STOLE FROM YOU.

Navigation
View posts[+24][+48][+96]