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In 1971, median weekly earnings were about $240 (nominal), worth ~$1,600 today after inflation adjustment.

By 2025, nominal wages were higher (~$1,000/week), but after inflation, it's still around that $1,600 in buying power. No progress in 55 years... NONE!

Who gets hit? Those without HARD ASSETS

This hits middle- and lower-income workers hardest (the "median" in the graph). Top earners and those with investments have done great.

This needless to say is a big driver of frustration, populism, socialism and marxism.... as well as debates about "the system being rigged" for the fat cats! Complaining about it will not do anything... investing will.

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Sol Hodlman

This correlates with Bretton Woods 2. Going off the gold standard.

Cybernek

Very depressing indeed. I'm in one of the fortunate careers that gets 4-8% raises/year but it still does not keep up with inflation... keep on those assets!

Mr ZeroCarbon

I think there is room for here for people to go on strike and demand better pay , that does not mean your a communist . That's all they can do, otherwise musk bezos take everything. And yes I have tesla 😎

Robert.P

You forgot fascism ...

Quantum Alpha

James I hope you never NOT share the hard cold facts of what we’re up against. As you say: forewarned is fore armed. Or as I like to say: sometimes a defense is a good offense.

Paul O

So true, thankfull I found James he wud interviewed by George we r all George, immediately recognized his brilliance!!!! Was when James first started his channel…the only way out is to become an avid investor. Thank goodness for AI tho, it’s like rocket fuel for learning. You can go from zero to sixty fast: mastering options, swing trades, technical analysis, and everything in between. Politicians either don’t care about the inflation they bestow upon us or are too stupid to realize what they do the damage it does to savers and workers is tragic!!! The Cantillon Effect makes sure those closest to the money printer win, while everyone else loses purchasing power year after year. The only real way forward is to become a sovereign individual to take ownership, learn how to invest, and bring others along who are willing to wake up. We all listen to James for a reason he’s one of the few who tells it straight. Above all that powerful hedge tool BITCOIN changed the game forever!!!

Heinz-Ruediger

How odd - you forgot fascism. I appreciate the rest of the post though.

Nico

James I consider myself lucky that I stumbled with this channel and I could realise that the content you are sharing is of great quality. But if I have to be honest if I would’ve left to take the decisions solely by myself, investing would not have gave me any profits, and I have a master degree. What I’m trying to say is that you can’t depend on your population to all be good investors, that’s is simply as equality impossible as asking an equal, “everyone gets the same” society. I don’t have the right answer to the problem, but investing will not solve society problem, it still will make the elite have better a life and create more division between classes. Said that, thanks for your hard daily work

Frylock

Complaining is not a solution. Thank you sir. From the “middle”.