When the Federal Reserve began in 1913, the average wage was 25 cents an hour. To match real inflation today, that wage would need to be about 250 dollars an hour.
They stole 90% of our money.
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That is just the value stolen from the dollar. Don't forget taxes.
And medical costs they charge the most to be the third leading cause of death due to incompetence
Destroyed us. Skilled trade, worked 80 hour weeks lived below our means, saved and invested wisely, bought low sold high. Went from believing we might might retire millionaires even after all the games with . Com crash and 07 foolery. All gone everything to try and save our son. Even the house equity. Now they are denying an actual cure because we cant afford it. Wouldn't even be mad if he were well but instead it feels like a sick joke. Hell is hot so hot that is a comfort. God is also not done so i have hope but that doesn't erase what the greedy bastards did to him and our family through him. Justice is coming even if they believe this is all there is I know better. We didn't ask much and worked our hearts out for what we had honestly. The Lord knows all and sees all. Honestly it would be better for them if they get justice here than face the Lord unrepentant because we are just one story among millions. There is not a lawyer in the universe that can get them out of all their charges. Only one counselor. The linger they go in delusion the less likely they will seek that counsel. I freely admit i am not a good enough follower not to hope they pay for the torture they have inflicted but I am determined enough that I know giving it to God is part of the blessing given to me amd mine despite their games. There is a beautiful peace in having a right to rage and pain and letting it go knowing true genuine Justice isnt in my hands. Learning to Trust in all things is the most miserable and beautiful gift
How about a nice refund. 🤨😁
Where they're headed they can't afford it
25 cents in 1913 would be $8.20 today.
https://www.usinflationcalculator.com/
What they claim: $1 in 1913 = $32.81 in 2025 → 32× inflation
What that means for wages: 1913 wage: $0.25/hour $0.25 × 32.81 = $8.20/hour So according to CPI, $8.20/hour today = 1913 lifestyle.
Real-world reality: Housing, land, medical, education, big-ticket necessities = ~1000× increase across the board.
The real inflation number: Not 32×. 1000×.
The gap: 1000 ÷ 32 = 31.25× understatement
What that produces: • Wages rise at 32× • Social Security rises at 32× • Pensions rise at 32× • COLA rises at 32× • Real assets rise at 1000×
This is the entire mechanism: Labor is kept in the fake 32× world. Actual costs live in the 1000× world.
That is true.
1913 $1 = 1/20 of an oz of gold Today : 1/20 of an oz of gold = $ 204
Interesting though that 4 quarters from that time = $1 but today = $36 pretty close to your "controlled " 32 X
Yeah, I would say its 200-500x on average. Look at the property values now and then and you can see for yourself.
BINGO.
I’m not sure when this became noticeable originally, probably by the 1950’s even, but it was definitely noticeable 20 years ago for anyone looking.
That 90% silver quarter is worth $9.15 today.
Economic slavery. You are chattel
That .25 is worth about 12.50 in silver today.
Keep in mind that silver is still very undervalued. Real value is closer $500-1k per OZ.
I know I check the price all day long.
Depends on how you crunch numbers. But probably look at over $1,000+ an ounce at this point
Yep, people don’t want to acknowledge that this is 90% of the reason why “no one wants to work anymore”. Work used to reward us, now we barely survive
i think your math is way off fren and the minimum wage came around in 1938
What should it be
Average home prices in San Francisco: According to the U.S. Census Bureau's historical housing reports and local real estate listings in the San Francisco Chronicle (archived via newspapers.com and the California Digital Newspaper Collection):The median sale price for a single-family home was approximately $4,500–$5,500. "Nice" upper-middle-class family homes (well-built, in desirable areas like Pacific Heights or the Western Addition) ranged from $6,000 to $10,000.
Specific examples from 1913 advertisements:A 5-room cottage in the Mission District: $3,500–$4,000. A 7-room Queen Anne Victorian in Noe Valley (newly rebuilt post-1906): $6,500. A 6-bedroom Edwardian in the Richmond District with bay windows and hardwood floors: $7,500–$8,500. Luxury homes in Pacific Heights could exceed $15,000, but these were not typical "family" houses.
Here is an old Victorian place for sale right now in Pacific Heights for $2,995,000
https://www.zillow.com/homedetails/2275-California-St-San-Francisco-CA-94115/332851252_zpid/
Divide 2,995,000 by 15,000 and that is the real minimum conservative estimate for inflation.
So it is about 199x. In other words $1.00 from 1913 is worth about $199.00 today. That is a really a pretty conservative estimate as other houses are selling for 10mil or more in the same area right now. You could easily argue $1 in 1913 is $500 today.
what in the common core tarnation is this??
Yeah, here is a 10mil example https://www.zillow.com/homedetails/2800-Pacific-Ave-San-Francisco-CA-94115/15080877_zpid/
Do the common core math on that one. That house would have cost $15-20k in 1913.
Yeah, things definitely get a little wonky with us having used a totally different currency.
Setting prices back to compare using it leads to different results.
Then you have complications from material production, historical value, etc.
I’m gonna do a deep dive on it at some point. Got some pricing records from the time.
It seems pretty certain that actual price discovery is gonna be an educated guess, complicated by the things we are about to have moving forward.
Its still the $USD....Not actually a difference currency.....Regardless of what it is backed by. I mean you could argue that a federal reserve note is not a silver/gold certificate. Even if you do take the value of a federal reserve note from 1914 and compare its value (buying power) to today its 200-500 times less valuable. Do you see my point now? (I know that you could trade a gold/silver certificate for actual gold/silver but there is no need for speculation that because we know the current price).
Inflation gets real tricky because “real” inflation data is not as easy to find. They typically report CPI (consumer price index), which is real inflation, sampled from a selection of markets and goods, and as soon as some product in CPI is making the metric look bad overall, they add or remove items to get CPI where they want it to be, without any actual economic changes having been made, only calculation changes.
My argument past that is essentially that the FRN is a wholly separate currency from the USD that is often called the “dollar”, but in reality is a “dollar bill” or a “bill for a dollar” that they don’t intend to pay. I’ve added some info on different aspects involved here, below.
You can probably see from some of these graphics, and if you look into CPI’s calculation vs M1+M2+M3 real inflation YoY over time, and taking into account materials changes and manufacturing efficiencies and such, why it’s real tricky to say what actual inflation has been since 1913.
“They almost successfully stole everything.” is probably a decent summary. What you posted is still good info, I’m just not sure it’s possible to get to the specific answer. Maybe AI could do it?
https://greatawakening.win/p/17sic6mdMe/critical-distinction--legal-vs-l/c/
https://greatawakening.win/p/199OKVNTZB/what-is-a-dollar-bill/c/
https://greatawakening.win/p/19BtUbb322/5th-geration-monetary-informatio/c/
https://greatawakening.win/p/17sic94WfJ/for-our-silver-bugs-out-there/c/
https://greatawakening.win/p/19AKd1zoPI/coins-financial-school/c/
https://greatawakening.win/p/17txRDGRRC/how-is-the-silver-spot-price-cal/c/
https://greatawakening.win/p/199hXKb93U/upend-the-pyramids/c/
https://greatawakening.win/p/17t1kD6BUb/x/c/4ZBIxM7Naze
u/pbman u/darq2light
Good stuff. Thanks for taking the time to post this. I used property as a real world example for inflation because I believe it to be the most realistic example of something that people actually need and use while also being something that isn't really changed too much by advances in technology (which is why I specifically used a Victorian house in SF as an example in the thread: something that existed in 1913/1914. Had a market value then and has one now). You could use food too but that has changed a lot with tech advances. I agree that its pretty hard to calculate actual inflation specifically but honestly if it has made our "currency" hundreds of times less valuable in 111 years then it is not a very good store of value now is it? END THE FED
ETMFF!!
as little as ~$14.50 hr and as much as ~$89/hr depending on which method is used remember when taken off the gold standard was when the inflation really began and that did not happen until Nixon
Should there even be a minimum wage? Is that constitutional?
Whether there should or shouldn’t be (functionally, lawfully there definitely shouldn’t be one), any leftist should shut up immediately when it’s pointed out that the minimum wage was $68 an hour in 1965.
“But it was only $1.25!”
“Yes, and you’re a retard who doesn’t know the current price of silver.”
“What’s that got to do with anything?”
“When retards and criminals make your laws, you end up with what we have.”
So basically minimum wage right now is way lower than it even was in 1965 because inflation is so bad already. Kek.
Pretty much.
It’s not that the minimum wage is too low now, it’s that it was always designed to be able to lower people baseline.
Darq described the method perfectly above.
great in theory but terrible in execution. i do not have the answer so instead watch this relevant video: https://youtu.be/AtjTRTKHDjg
Add nots and takeaways…
I am sure that everyone does realize 1 fact. That fact is that doctors are the only people That can legally get away with murder, Of course you can add police to that list, but a cop needs a semi-reasonable excuse where doctors can and do use the flimsiest of excuses, on the off chance that it even goes to trial. BTW, do doctors even look at the contracts for their insurance. The insurance companies are the ones getting away with the most crimes!
I'm going to write a song called doctors and cops
Send me a copy please, fren.
Politicians too,
But we couldn't buy it legally.
My first apartment, which was in a 4-plex building, was $125/month. In mid 1980s
😍
obligatory: something like "know your worth kings" (?)
Math here would be closer to 99.9% ...
.25 / 250 = .001 (then subtract that from 1)