Think about this Zoellick: In the USA the price of gold was $16 an ounce in the 1920s. The price of gold today is $1376.70 an ounce. The average annual salary in 1920 was $1236. The average today is $31,410. If the price of gold reflects its value then, the average annual salary today should be $105,987.00.
My two cents, Mike B) *********************************************************************** "Whence, then, arises the enigmatical character of the product of labour, so soon as it assumes the form of commodities? Clearly from this form itself." http://wobblytimes.blogspot.com/ _______________________________________________ pen-l mailing list [email protected] https://lists.csuchico.edu/mailman/listinfo/pen-l
