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2025-04-07 16:48:37

Trivium on Nostr: From 1834 to 1933, the U.S. dollar was convertible to 25.8 grains of gold at 90% ...

From 1834 to 1933, the U.S. dollar was convertible to 25.8 grains of gold at 90% purity.

This conversion rate would put the U.S. minimum wage ($7.25) at a current value of $1,052.00 per hour.

We don't have a labor problem, we have a money problem.

https://www.uschamber.com/workforce/understanding-americas-labor-shortage
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