Monday, May 14, 2012

Real value

- Average wages in 1959 were $5,016 or 143oz of Gold
- Average wages in 1977 were $15,000 or 120oz of Gold
- Average wages in 1999 were $28,970 or 104oz of Gold
- Average wages in 2008 were $41,335 or 53oz of Gold
From Rico at Theo Spark's blog. Read more here:  http://www.theospark.net/2012/05/nominal-vs-realfrom-rico.html

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