Real Median wages declined by 71% between 1971 and 2011. (1971 was the end of the Bretton Woods gold standard system.) For 182 years before 1971 the US had stable money with a gold standard system. (Forbes, October 28, 2013, page 36)
This post was contributed by a community member. The views expressed here are the author's own.
The views expressed in this post are the author's own. Want to post on Patch?
