In 1965, the minimum wage was $1.25, five silver quarters.

Today, just the melt value of five silver quarters is $27.

It's the same silver, just a different currency.

(I post this once in a while just to tick off the Fed fanboys.)

https://www.coinflation.com/silver_coin_values.html

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Discussion

There are no Fed fanboys here.

There are a few, a very few, but... They've mostly run themselves into a very weird echo chamber that no one in their right mind would bother with. That's how they nostr. Good for them.

Oh wow. Surprising.

Yeah. I don't get it at all. But hey, they can go be off in weirdo land on their own.

Good to have you here Rudy, missed your posts! 👌

According to official inflation numbers, that 1.25 in 1965 would be 12.48 today.

The CPI is a lie and always has been. They aren't going to tell you the truth about how much they stole.

nostr:nevent1qqsge0qnqg5m7gu6snlqa6w4a75elrmy87lathxukqdy09l8m0kc4eqpz4mhxue69uhhyetvv9ujuerpd46hxtnfduhsygq6dc9wluwm57apy8a7kvalx93fq9y4muluknj2gppru8qsahcdegpsgqqqqqqst6vepd

And this is why why I buy #Bitcoin and #Dogecoin