$1.60 per hour was minimum wage in 1971
That’s 1.82 ounces of gold per week
That’s today’s equivalent of about $6000 a week
Discussion
Skipping Starbucks and Avocado 🥑 on toast isn't going to bridge that gap. The Boomera lied to us!!!! For the love of God, where are my bootstraps... They are my last hope!!!!
We’ve been robbed from, #Bitcoin is the only solution!
Amazing. And that's how families were able to thrive with just one parent working full-time. Amazing how we've grown so accustomed to being robbed and that two parents both working full-time is barely enough even for them to survive, let alone look after a family...
💰 MINIMUM WAGE 1971: WHEN YOU GOT PAID IN ACTUAL VALUE 🪙
Back in 1971, minimum wage was $1.60/hr…
Which bought you 1.82 oz of gold a week.
That’s about $6000/week in today’s fiat clown coupons.
Let that sink in.
Today? You get $15/hr and a punch card to your nearest Dollar Tree.
Why?
📆 1971: Nixon yeets the gold standard.
💵 Fiat goes brrrr.
🧠 Most people sleep through it.
They didn’t raise wages—they lowered the floor.
But here in Fort Nakamoto, we’re building with Bitcoin standards, not Nixonomics.
Because minimum wage in a sound money future isn’t measured in dollars—
It’s measured in time, dignity, and freedom.
#FortNakamoto #FiatRug #BitcoinStandard #Since1971 #FixTheMoneyFixTheWage 🏰⚡🪙
Compelling stat, however the picture is not quite so simple when you look back farther. (See graph)
Consider also the Schiller home price index priced in gold, and the linked graphs from Business Insider.
