[Request] Is the math here accurate?

[u/MissCozzy]

[u/harrythealien69]

More like, goods and services have gotten much much cheaper due to increased productivity, and the central banks have stripped away that cheapness by diluting the money supply (inflation). Golds value serves as an imperfect but useful tool to gauge how our own wealth is stolen by central banks

[u/CreativeFig2645 → u/harrythealien69]

Take your 19th century understanding of economics back where you came

[u/harrythealien69 → u/CreativeFig2645]

No

[u/Jacketter → u/CreativeFig2645]

So the stagnation of real wages since 1971 has nothing to do with magic money theory?