Nostr News Network on Nostr: After the US unpegged the dollar from gold in 1971, worker's compensation has not ...
After the US unpegged the dollar from gold in 1971, worker's compensation has not kept up with productivity.
Productivity has risen 80.9%, yet hourly pay has only risen 29.4%... a 2.7x difference.
Disconnecting money from physical reality has had dire consequences.
Published at
2024-12-31 08:33:08Event JSON
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"content": "After the US unpegged the dollar from gold in 1971, worker's compensation has not kept up with productivity.\nProductivity has risen 80.9%, yet hourly pay has only risen 29.4%... a 2.7x difference.\nDisconnecting money from physical reality has had dire consequences.\n\nhttps://file.nostrmedia.com/p/e8d66519e43b1214ac68f9f2bdbc4386d41ac66b20c5a260b9b04102784074e9/0925f9db895bc318de55052dae542f970b5af76b22de76cb9e84f6072e6c5c0e.jpg",
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