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RE: What is the Steem Network? Trace Mayer dips in his toes with Chris Coney
Excellent points. Education truly is the key to opportunity. Fortunately what people do understand is their own standard of living. And when one can break through on that point then one can really make an impression. Plus, truth will cleave its own way.
For example, my father's first job out of college paid 25.7 ounces of gold per month or about $500,000 per year at current exchange rates. For a college graduate with no experience. That is how much the State has conscripted the average American person's standard of living into the industrial complex!
preaching to the choir !, lol, but a very good point ... no opposition here though !
I wish i could remember my sources better ..argh, lol here is one for you.
The price of gold ... 1k yrs ago with 1 oz. of gold you could purchase a NICE robe, a handmade belt and a pair of handmade high quality sandals. Today with 1 oz. of gold you can purchase a very nice suite, a handmade belt and a pair of handmade high quality shoes ...
Nothing has changed but the deception of what we call money ... !
I have never really seen a credible and verifiable source for that assertion. Anyway, what one would want from their money is for the price of other goods and services to decrease relative to it. This would indicate greater productivity in the economy.
After all, if society is now using tractors and semi-trucks instead of plows and horses then you would hope to have an increased standard of living. Sure, there is the Golden Constant to deal with, from Professor Jastram, but that should be the general trend.
And that is largely what humanity has seen since around 1800 the average person in the most developed countries earned about $2.00 per day in today's value.