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Vlad_The_Impaler on scored.co
5 days ago14 points(+0/-0/+14Score on mirror)1 child
Boomers were paid in coins made of real silver prior to 1964.
Minimum wage today would have to be about $70 per hour to keep up with inflation if we were still paid $1.25 per hour in silver coins. That's almost an ounce of silver per hour.
Minimum wage today would have to be about $70 per hour to keep up with inflation if we were still paid $1.25 per hour in silver coins. That's almost an ounce of silver per hour.
+ $1.25 in 1964 is $13.35 today based on inflation.
+ Not all money was silver. People were also paid with paper bills, pennies, & nickels.