The GoldSilver Team
JUL 24, 2024
Dive into the shocking reality of how inflation has decimated the minimum wage over the past six decades. In this eye-opening video, Mike Maloney breaks down complex economic concepts to reveal that the minimum wage has effectively fallen by over 70% since 1963. Using the example of silver quarters, he illustrates the decline in purchasing power and discusses the broader implications of income inequality and flawed economic policies. Learn why raising the minimum wage might not be the solution and explore alternative approaches to solving economic disparities.
Mike Maloney is more than just a legend in the precious metals industry. He’s on a mission to help everyone maximize their individual prosperity. Mike is best known as the host of the hit video series Hidden Secrets of Money and his extremely popular YouTube channel which has over 100 million views, where he reveals the truth about money, currency, and the flaws in our monetary system. Mike’s also a best-selling author of Guide to Investing in Gold and Silver, and The Great Gold and Silver Rush of the 21st Century. For nearly two decades, Maloney has traveled the globe, sharing his deep insights into economics and monetary history with diverse audiences, from Silicon Valley tech gurus to Wall Street financiers, and from Hong Kong business leaders to Roman scholars.
Subscribe to Mike’s YouTube Channel for tons of free content. Or check out Mike’s latest book right here.