In 1900 you could get a good, solid horse for about $150 and a small one for as little as $10. An unskilled laborer made about $20 a week and skilled laborer made double that.
This is the inevitable result of the #fiat standard
https://nostr.build/av/83363dd1f4a3f4c0bb3b33adbe553800b8806d545992599cf5eb02f409de6a04.mp4