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35

Minimum Wage In 1961 Was $40

submitted by deleted to whatever 2.9 yearsJun 4, 2021 22:31:06 ago (+37/-2)     (whatever)

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31 comments block


[ - ] fightknightHERO 12 points 2.9 yearsJun 4, 2021 22:41:46 ago (+12/-0)

the economy is jew'd as fuck right now
the biden administration has been printing ZOGbucks like mad

i can only hope this shit CONTINUES to the point of Weimar inflation and we can kick this revolution into overdrive

Amerifats won't do jackshit unless they're starving and forced to prostitute their children for food

[ - ] try 3 points 2.9 yearsJun 5, 2021 02:39:59 ago (+3/-0)*

DEMOCRAT TAXES!

A White man age 35 in 1961 was THREE TIMES MORE OFTEN A HOME OWNER!!!

300%

Why?

Jobs were not watered down for a work force of women. (too many workers)

Democrat tax load for middle class was far far lower before DECADES OF TAX INCREASES AND WASTE by Democrats.

Democrats (((and their Jews))) choked the economy dead by PRINTING MONEY, RAISING TAXES, and overtaxing corporations as well.

Its all covered in books on Basic Economics.

Though OP will be correct in maybe 90 days... for this last month and today...

... SILVER IS ONLY $28.15 AN OUNCE not 40 !

(To get that price you need to buy 5,000 generic silver coins, but its still the real price:)

http://www.kitcosilver.com/charts.html


$28.15 AN OUNCE

It was about $13 an ounce, right before Democrats and Jews stole the US election and announce money printing.

see? 13 bucks under Trump :

https://www.kitco.com/charts/popup/ag3650nyb.html

[ - ] canbot 2 points 2.9 yearsJun 5, 2021 06:13:12 ago (+2/-0)

Where do you buy that silver for that price?

[ - ] try 0 points 2.9 yearsJun 5, 2021 07:08:04 ago (+0/-0)

everywhere , you just have to look for tightest bid ask spread:


https://www.monex.com/1000-oz-silver-bullion-bars-for-sale/
At monex Updated on 6/5/2021 at 6:57 AM : $27.214 per ounce silver BID, and $28.566 ASK price. difference spread of only 1.352, while rather high , 1.352 represents a spread percentage of deviation from center of 4.847% of $27.89, so a loss of 4.8% on each trade (acceptable) using that site "monex", but normally you go to the wholesaler COMEX markets to get that 4.8% reduced to 1%.

COMEX minimum orders are 1,000 troy ounces. slightly higher if in bag of cheap 1/ounce disc form

much higher if electroformed one atom at a time to 99.9999% fine, and not part of normal silver world, but canada makes and Royal Silver make products like 99.9999 (six nines) : https://www.thesilverforum.com/topic/10395-royal-silver-company-999999-purity/

[ - ] Steelerfish 1 point 2.9 yearsJun 5, 2021 09:33:54 ago (+1/-0)

Silver is being artificially kept low which is why it’s only roughly $28/oz.
Not a silverfag, but my understanding is that if it followed the same inflation trajectory as gold it should be significantly higher. I think that led to the run on it around Christmas from the wallstreetbets people trying to force the hand of the banks/brokerages.

[ - ] deleted 0 points 2.9 yearsJun 5, 2021 12:23:01 ago (+0/-0)

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[ - ] try 0 points 2.9 yearsJun 5, 2021 14:02:48 ago (+0/-0)*

the run on it around Christmas from the wallstreetbets people trying to force the hand

In a way it worked, but the prices of wholsale never moved from unknown mysterious shenanigans. The Delivery of 100,000 ounce mega shipments suddenly collapsed from 3 day transit to over 3 week delays. 3 week delays back in March.

[ - ] 2Drunk 9 points 2.9 yearsJun 4, 2021 22:34:36 ago (+11/-2)

Then women voted to give niggers the right to vote. Then women and niggers voted to let the 3rd world in. Now we are in a third world.

I blame the jews.

[ - ] account deleted by user 13 points 2.9 yearsJun 4, 2021 22:41:01 ago (+13/-0)*

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[ - ] yesiknow 4 points 2.9 yearsJun 5, 2021 01:13:14 ago (+4/-0)

The price of silver was fixed at 91 cents until 1961. The claim was that people were taking silver coins out of circulation in too big of numbers.

In 63 they replaced the silver certificates with fed reserve notes.

Doesn't matter anyway. The stock market crash of 1929 was a coordinated pull out. It's the cartel coordination between the fed and the high roller investors that is poison. Like a tribe or something with us being the slaves .

[ - ] Imperivm 2 points 2.9 yearsJun 5, 2021 08:06:44 ago (+2/-0)

Yup, a man could work and feed wife n 6 kids, buy a home and camp anywhere. Today, no children, even if wife works, cant purchase a house, no camping. What happened? Jews.

[ - ] wyrmblut 1 point 2.9 yearsJun 5, 2021 17:41:07 ago (+1/-0)

Are you a nigger or just retarded? For one, silver is $27/ounce. not ~40. It was also $14 for many years until 1-2 years ago. So I guess "minimum wage" doubled in the last 18 months by your jungle math

[ - ] Nosferatjew 2 points 2.9 yearsJun 5, 2021 01:15:13 ago (+2/-0)

Minimum wage is gay, and should be set permanently to $0.00.

[ - ] try 0 points 2.9 yearsJun 5, 2021 04:43:27 ago (+0/-0)*

In most powerful successful countries, for certain jobs, the mninimum wage is 0.00 , like Germany for example.

$0.00 in Germany, the most powerful EU nation.

minimum wage merely inflates money to insane hyperinflation eventually, making OP post become irony itself.

[ - ] spasswerk 2 points 2.9 yearsJun 4, 2021 23:36:22 ago (+2/-0)

An excellent analysis of how inflation is a hidden destroyer of prosperity.

In a course in 1970 it was pointed out that the $1.60 minimum wage would buy four pounds of 39 cent hamburger in a tube at Safeway. (3% sales tax) Same type tube of ground beef is $3.64 in New Jersey, so to have the same purchasing power as minimum wage in 1970 one would have to make $14.56, actually $15.73 to cover 8% sales tax.

Plus of course the corporations have made it so that people spend money to have a much fancier phone and now pay for television, so "utility" costs are a much larger part of one's living costs.

[ - ] UrCoolerOlderBrother 1 point 2.9 yearsJun 5, 2021 00:50:35 ago (+1/-0)

That is why crypto is a better store of value than the dollar is right now.

[ - ] TheSimulacra 3 points 2.9 yearsJun 5, 2021 09:18:45 ago (+3/-0)*

Lol OP mentions SILVER< and you talk about CRYPTO as an investment.

I hope you realize that Crypto is the TOP of the exeter pyramid and will be the first section of the monetary system to fail completely. Crypto holders will be the first to lose their bags, then derivatives, then bonds, then stocks, then the dollar.
Each system is a system of debt built on top of the other and will collapse in reverse order.

GOOD LUCK GETTING OUT WHEN SHIT GETS HOT

MIGHT WANNA OWN PHYSICAL

You are either JEW or Idiot

[ - ] deleted 0 points 2.9 yearsJun 5, 2021 12:25:24 ago (+0/-0)

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[ - ] UrCoolerOlderBrother 0 points 2.9 yearsJun 14, 2021 04:23:08 ago (+0/-0)

When the monetary system collapses I will have much bigger issues than the value of my crypto portfolio. I think that precious metals is a great way to store your money. I also think that the dollar collapsing will happen over time not instantly, and over that time crypto will hold its value better, and it is much easier to sell than precious metals.

[ - ] NeoNazirite 0 points 2.9 yearsJun 5, 2021 09:35:09 ago (+0/-0)

Or stocks, or precious metals, or hardly anything else.

I'd hold all 3

[ - ] Thought_Criminal 0 points 2.9 yearsJun 5, 2021 14:53:08 ago (+0/-0)

How much was a microwave oven?

[ - ] account deleted by user 0 points 2.9 yearsJun 5, 2021 10:05:28 ago (+0/-0)

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[ - ] i_hate_sodomites 0 points 2.9 yearsJun 5, 2021 08:40:40 ago (+0/-0)

Death to all jews, everywhere. The white man will only be free when the last jew on Earth is dead.....

[ - ] account deleted by user 0 points 2.9 yearsJun 5, 2021 00:57:35 ago (+0/-0)

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