The average wage was about $5,400 in 1925. Today, it’s $60,000 according to the Labor department. That puts the gain at eleven times. But the cost of a new Ford truck (basic, working man’s model) has gone up from $500 to $42,000 – 83 times.
In 1925, it took a wage earner only a bit more than a single year’s work to buy an average house. Now, it takes more than eight years. But for an investor, it took only the equivalent of 50 Dows to buy a house a hundred years ago. Now, it takes only twelve. It’s all a bit puzzling and confusing.
Source: Bonner Research
mattaroo
npub1ww…77lcn
2025-02-13 15:27:43
Author Public Key
npub1wwushhg9g3lewt49klu5wlqxdhraljkdexyjz2mdhjx8nuk6aepq577lcnSeen on
wss://relay.primal.netPublished at
2025-02-13 15:27:43Event JSON
{
"id": "82d97401e17ef52d3ed573b4cbf17b9a20dc2b42ab095921ef8dd0e1e3473e4f",
"pubkey": "73b90bdd05447f972ea5b7f9477c066dc7dfcacdc989212b6dbc8c79f2daee42",
"created_at": 1739460463,
"kind": 1,
"tags": [],
"content": "The average wage was about $5,400 in 1925. Today, it’s $60,000 according to the Labor department. That puts the gain at eleven times. But the cost of a new Ford truck (basic, working man’s model) has gone up from $500 to $42,000 – 83 times.\n\nIn 1925, it took a wage earner only a bit more than a single year’s work to buy an average house. Now, it takes more than eight years. But for an investor, it took only the equivalent of 50 Dows to buy a house a hundred years ago. Now, it takes only twelve. It’s all a bit puzzling and confusing.\n\nSource: Bonner Research ",
"sig": "a3f01a817f782cec7b4c958a8e4507fb394f092cb3d6dba0d241afc30c46104e270239cf956e35516e3193b7d96cebff1de02f6253e197094e7375ef5141b0e4"
}