Yes, the math is correct

My first job out of high school in 1984 was $13 an hour. 40 years later, my daughter's first job out of high school is $13 an hour. Make it make sense. 😮‍💨

Bitcoin fixes this. If you've been investing minimum wage into Bitcoin over the past decade you'd be a millionaire.

I feel like it’s not Republican. It’s not democrat. It’s the EMPIRE and I’m always looking for Darth Vader.

@grok can you do the same math but for average price of a house. How many weeks would it take to buy the average house now vs the time in the video, without accounting for any expenses along the way.

@Fugazi__Coin In 1971, with a minimum wage of $1.60/hr ($64/week for 40 hours), a $19,000 median home took about 297 weeks (5.7 years) to buy, assuming no expenses. In 2025, at $7.25/hr ($290/week), a $416,900 median home takes roughly 1,438 weeks (27.7 years). This shows a significant decline in minimum wage purchasing power for housing. Data aligns with posts on X but is verified with sources like the US Census and Federal Reserve. Housing costs are also driven by supply, demand, and regulations, not just wages.

We can all instantly step right back into the economy of 1961. We just have to use goldbacks as our currency (which is basically what they were doing in 1961 since the money was gold based).

That is a childish perception. Gold as a metric of the representation of historic value and backing of currency is not a valuable comparison of apples to apples in this context. First off, the cost of gold as compared to currency would be worth tens of thousands of dollars today. When Nixon closed the gold standard in 1971, the currency had already been massively expanded without the price of gold modified to reflect this expansion. When nations started trading dollars for gold, they canceled the exchange to save the gold reserved. As a metric of value, one problem and limitation of gold is in the expansion of wealth increases the value of gold by a massive degree. If you have a nation with more people, more assets, and more wealth, the representation of that wealth must expand to maintain parity. If you have an island with 100 people, 100 ounces of gold, 50 houses and 50 cars: what happens to the scarcity of gold in comparison when you have 500 people, 100 ounces of gold, 250 houses and 250 cars? It is entirely a function of scarcity of resources of gold as a representation of the wealth in that nation. Yes, our currency has expanded, and we have gotten inflation, and the value of the currency falls over time, but there is also a larger population and larger amount of wealth that the currency is representing.

Great video bro..😎

Minimum wage is them saying “i would pay you even less but it’s illegal !” 😂 Chris Rock

No answer no solution just fear mongering, sorry to bother you @wigger you mind enlightening these folks if you have the time? Also have fun in La today 🤣

@wigger You’re about 400 videos behind on solutions