It's all about the money supply. The devalued our money so workers think they were making more to avoid a communist revolution.
this post was submitted on 28 Jan 2024
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If you look below, the comments did the math; Same amount of gold.
The main issue is that gold isn't directly used as currency, so this post is really saying "if you bought something worth a house, it is worth a house. Isn't that weird?"
Gold used to be directly tied to our currency, but you can't just print more money when it's based off a gold standard, and the government didn't like that, so they changed the standard.