In order to have the same after tax income as the average guy did in 1947 you would have to earn at least 140,000 dollars a year today. Instead the average non farm worker is getting 43,000 USD a year. So 43,000 dollars a year in 2013 versus 140,000 dollars a year in 1947.
Peter Schiff is an American businessman, investment broker and financial commentator. Schiff is the CEO and chief global strategist of Euro Pacific Capital Inc.
Mar 20, 2014
Mar 19, 2014
Gold, Federal Reserve, Bubble Economy
Peter Schiff is an American businessman, investment broker and financial commentator. Schiff is the CEO and chief global strategist of Euro Pacific Capital Inc.
Mar 18, 2014
Video: The Gold Rally
Related ETFs: SPDR Gold Trust ETF (GLD), Newmont Mining (NEM), Goldcorp (GG), Barrick Gold (ABX)
Peter Schiff is an American businessman, investment broker and financial commentator. Schiff is the CEO and chief global strategist of Euro Pacific Capital Inc.
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