US wages plummet to 43% of national income — lowest since the Great Depression. Did Nixon’s gold breakup kill paychecks?
finance.yahoo.com
Despite the change, gold is still an American favorite.
  • socphoenix
    13·
    21 hours ago

    Ah yes, wages are down because of moving away from the gold standard. It certainly has nothing to do with the death of unions in this country, de-regulation, or offshoring jobs.

      • chuckleslord
        2·
        10 hours ago

        Nope. Doesn’t even make sense. Gold standard wouldn’t fix income inequality, that’s like saying changing your house’s plumbing will fix your diarrhea. It’s something else entirely.