"The bottom line is that, in terms of gold, wages have fallen by about 87
percent. To get a stronger sense of what that means, consider that back
in 1965, the minimum wage was 71 ounces of gold per year. In 2011, the
senior engineer earned the equivalent of 63 ounces in gold. So, measured
in gold, we see that senior engineers now earn less than what unskilled
laborers earned back in 1965." [Forbes]
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