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2025-01-09 18:18:25 UTC
in reply to

binkle on Nostr: Adachi nprofile1q…gf7jv John Cunny Anime oh hang on actually I'm wrong - henry ford ...

oh hang on actually I'm wrong - henry ford introduced the concept of the weekend for his workers, so actually their salaries would have been $5/day for 260 days/year (assuming that day off was paid rather than unpaid).

So the salary back then would've been only $1300/year, and the gold equivalent would've been ~65oz, meaning the gold-tethered salary approximation would be $135,567.9

Not particularly far off from their estimate and likely dependent on the sample gold price chosen