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![NotAnExpert24 Avatar](https://lunarcrush.com/gi/w:24/cr:twitter::1492239198119677953.png) NotAnExpert [@NotAnExpert24](/creator/twitter/NotAnExpert24) on x XXX followers
Created: 2025-07-23 16:53:41 UTC

Corrected Post: In 1971, the federal minimum wage was $1.60/hour, or XXXX oz of gold per week (40 hours). At today’s gold price ($2,500/oz), that’s ~$4,550/week or ~$114/hour. Adjusted for inflation (CPI), $1.60/hour is ~$12–$13/hour today, compared to the current $7.25/hour minimum wage, showing a real loss of purchasing power.


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**Related Topics**
[$725hour](/topic/$725hour)
[$13hour](/topic/$13hour)
[inflation](/topic/inflation)
[$114hour](/topic/$114hour)
[$4550week](/topic/$4550week)
[$2500oz](/topic/$2500oz)
[$160hour](/topic/$160hour)

[Post Link](https://x.com/NotAnExpert24/status/1948063984977875318)