https://www.census.gov/library/publications/1971/demo/p60-78.html https://www.census.gov/library/publications/1971/demo/p60-78... Gives the median salary in 19

https://www.census.gov/library/publications/1971/demo/p60-78.html https://www.census.gov/library/publications/1971/demo/p60-78... Gives the median salary in 1970 as $9,870 accounting for inflation the median salary should be $67,662.84 but currently its $56,516. So median wages have not tracked inflation since 1970. But thats only half the battle the other side of the problem is runaway inflation. https://www.census.gov/const/uspriceann.pdf https://www.census.gov/const/uspriceann.pdf https://www.census.gov/construction/nrs/pdf/uspricemon.pdf https://www.census.gov/construction/nrs/pdf/uspricemon.pdf In 1970 the median for a house is $23,400 accounting for inflation that should be $160,416.45 today, but the median price is $300,000. So the inflation reported by banks is not real. It's important to separate value from $$$ as inflation generates $$$ but does not generate value. A house is a good metric for real inflation, as it is a good store of value, every one needs a house or they will die from exposure so every one values a house, once the house is built the value does not increase. In other words a house built in 1970 has the same value today as it did in 1970, but the price has increased a lot more than the reported inflation or the inflation of wages. Like I said this is fairly simple maths but it adds up for most other stores of value like gold.