> Minimum wage where I live is 80% higher today than 10 years ago. Average wages are much higher too, though by a lesser percentage. The way they adjusted for

> Minimum wage where I live is 80% higher today than 10 years ago. Average wages are much higher too, though by a lesser percentage. The way they adjusted for inflation is suspect. [1] This [2] is how the wages look if you measure in amounts of gold. Of course, gold is not the end-all of monetary policy. But it's way more stable than the USD. [1] http://business.time.com/2013/03/12/if-theres-no-inflation-why-are-prices-up-so-much/ http://business.time.com/2013/03/12/if-theres-no-inflation-w... [2] http://pricedingold.com/us-wages/ http://pricedingold.com/us-wages/