Real wage purchasing power down 89% since gold standard ended.
The average hourly wage (in gold terms) just hit a new all-time low, going all the way back to 1963
The real purchasing power of the average wage for an hour's work, has declined by 89% since the end of the gold standard in 1971
…and 81% over the past 20yrs alone https://t.co/Rf9nBgyMoC pic.twitter.com/s5DfyPkQVZ
— Robert (infra 🏛️⌛️) (@infraa_) August 11, 2025
It‘s really difficult to believe that inflation in Europe and the US since January 2021 is only 22%. Just go to a supermarket.
As China imports a lot of commodities and food, their number doesn’t feel right neither.
How are these numbers calculated? Do they make sense to you? pic.twitter.com/Tp02LJKGOe
— Michael A. Arouet (@MichaelAArouet) August 12, 2025
There’s also the concern the party may not last. After a phenomenal rally in the last year, even the most enthusiastic gold bugs may find prices near-record levels increasingly difficult to stomach. Cost-sensitive buyers in the region may find themselves..https://t.co/IGDIaSX0RU
— Peter Spina ⚒ GoldSeek | SilverSeek (@goldseek) August 12, 2025
Everyone on CNBC is trying to say the tariffs are not inflationary.
How do they know? The 90 pause from April just ended August 1st and the new tariff rates have just been set and are higher than expected.
They are just now being implemented.
— QE Infinity (@StealthQE4) August 12, 2025
The funniest thing about today’s CPI is that literally everything that’s driving inflation is NOT subject to tariffs: Shelter (main culprit!), medical services, electricity, restaurant meals, airfares, used cars.
Meanwhile apparel, news cars & “stuff” is low or deflating!
— Wasteland Capital (@ecommerceshares) August 12, 2025