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To: Olog-hai

A penny today is roughly the same value as if we had a 1/100th of a cent coin in 1915.

In 1915 Henry Ford paid his workers 5 dollars a day, and had a 6 day work week. That would be 30 dollars a week. Hypothetically every two weeks, that worker could go down and exchange that cash for three shiny new twenty dollar one ounce US Mint gold coins.

essentially, that worker was getting paid 202,800 a year in purchasing power. That is how much purchasing power the Federal Reserve and central banker have stolen from you. With today’s 37,500 median income, todays worker could buy 3 gold coins every two months.

It’s amazing what losing 1 or 2% inflation for a hundred years does.


39 posted on 01/22/2025 12:48:10 PM PST by DesertRhino (2016 Star Wars, 2020 The Empire Strikes Back, 2025... RETURN OF THE JEDI...)
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To: DesertRhino

$937.44 per week in 2025 dollars. $49K per year. For assembling cars that come back to life after sitting in a field for decades, too.


45 posted on 01/22/2025 12:52:10 PM PST by Olog-hai ("No Republican, no matter how liberal, is going to woo a Democratic vote." -- Ronald Reagan, 1960)
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To: DesertRhino
It’s amazing what losing 1 or 2% inflation for a hundred years does.

It's not lost. It's stolen. Inflation is just a type of tax, where the tax is on wealth. DOesn't need us to file any tax return to "collect" this tax, it's automatic. And, the FED even proudly TELLS us constantly their target for stealing from us - with the 2% number.

62 posted on 01/22/2025 1:10:11 PM PST by C210N (Mundus vult decipi, ergo decipiatur.)
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