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Forum Post: Interesting math

Posted 13 years ago on Oct. 8, 2011, 1:57 p.m. EST by anima (60)
This content is user submitted and not an official statement

Average wage in 1970 - $6,186.24 or 176.75 ounces of gold

Average wage in 2009 - $40,711.61 or 24.86 ounces

Your average wage of 176 ounces today - $288,217.60

This illustrates how inflation f*cks the people.

gold price 1970 - $35 gold price 10/8/2011 - $1637.60

http://www.ssa.gov/oact/cola/AWI.html

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