The InvestorsObserver research team has looked into how gold affordability has changed over years when compared to American wages.
They found that despite steady rises in dollar salaries, the average American’s purchasing power, when measured in ounces of gold, has plummeted by 77% since 1998.
Gold-adjusted income shows the real purchasing power.
.jpg)
Interestingly, by 2012, even the most prosperous states had wage levels equal to poverty thresholds from just 15 years earlier, revealing the erosion of real wealth, and a plummet to what used to be perceived as poverty level.
Interested in the full research report? Read it here, and let me know if you need more information.
ABOUT SAM BOURGI
Sam Bourgi is a finance analyst and researcher at InvestorsObserver, bringing over 13 years of expertise in financial markets, economics, and monetary policy. His professional background spans the private, nonprofit, and public sectors, where he has held positions such as senior policy adviser, labor market analyst, and marketing director. Sam’s in-depth research and market analysis have been referenced by leading institutions and organizations, including the U.S. Congress, Department of Justice, Chicago Board Options Exchange, Bank for International Settlements, Boston University Law Review, Barron’s, and Forbes. Sam regularly appears on TV, including CBN, KFYR TV, and ABC30, and is often quoted by such media outlets as the SF Chronicle and MSN.
ABOUT INVESTORS OBSERVER
Investors Observer is a trusted source of independent financial analysis, market insights, and investment research for individuals and institutions. Founded to empower retail investors with actionable intelligence, InvestorsObserver delivers timely commentary, data-driven studies, and accessible financial tools designed to simplify complex market trends. Its research and insights have been featured by various media outlets, including Yahoo, The Guardian, Morning Star, Nasdaq, and more.
Previous research by InvestorsObserver:
No comments:
Post a Comment