It didn't help that the US shifted from being a third-world, low cost labour center, to a first world economy. US farmers - ~$9.50 USD a month ~1850's Euro lab

It didn't help that the US shifted from being a third-world, low cost labour center, to a first world economy. US farmers - ~$9.50 USD a month ~1850's Euro labourer -~$652.44 USD a month ~1850's Silver value in USD: https://commodityhq.com/education/a-brief-2000-year-history-of-silver-prices/ https://commodityhq.com/education/a-brief-2000-year-history-... References - US Labour Rate(Farmers - page 6): https://www.nber.org/chapters/c2486.pdf https://www.nber.org/chapters/c2486.pdf Europe Labour Rates (Labourer - pages 6): https://www.nuffield.ox.ac.uk/media/2150/allen-greatdiv.pdf https://www.nuffield.ox.ac.uk/media/2150/allen-greatdiv.pdf