916
God Bless Us,
(lemmy.world)
Everyone
you are viewing a single comment's thread
view the rest of the comments
view the rest of the comments
this post was submitted on 24 Dec 2023
916 points (100.0% liked)
Political Memes
5498 readers
2021 users here now
Welcome to politcal memes!
These are our rules:
Be civil
Jokes are okay, but don’t intentionally harass or disturb any member of our community. Sexism, racism and bigotry are not allowed. Good faith argumentation only. No posts discouraging people to vote or shaming people for voting.
No misinformation
Don’t post any intentional misinformation. When asked by mods, provide sources for any claims you make.
Posts should be memes
Random pictures do not qualify as memes. Relevance to politics is required.
No bots, spam or self-promotion
Follow instance rules, ask for your bot to be allowed on this community.
founded 1 year ago
MODERATORS
1 pound = 20 shillings.
1 GBP in 1843 is worth £104.72 now (https://www.bankofengland.co.uk/monetary-policy/inflation/inflation-calculator)
104.72/20*15=78.54
£78.54 = $99.55USD
99.55/40 (hrs per week) = $2.49USD per hour
Or less, given he likely worked more than 40 hours per week.
But I think we can say that $2.50/hr is a very Scrooge-like wage, and that OP has no fucking clue how to do basic math.
EDIT:
However, from https://www.measuringworth.com/calculators/ukcompare/relativevalue.php
1GBP in 1843:
https://www.measuringworth.com/blog/?p=256
a quick Google tells me it was 52 hours / week, which was likely 6 day weeks - so roughly 8-9 hours a day mon thru Saturday
Interestingly, the numbers I found said that Americans at the time worked on average 70 hours / week.
How did you jump from 78.54 to 64.13?
Oops! Thanks for that. Initially I used 1841 as the year, and later found out it should have been 1843. For some reason there was a huge change in value between 1841 and 1843. That 64.13 was just a leftover I forgot to replace. Fixed!
How do you go from 78.54 (modern pounds equivalent to 15 shillings) to 64.1325? I don't understand that step.
Oops! Thanks for that. Initially I used 1841 as the year, and later found out it should have been 1843. For some reason there was a huge change in value between 1841 and 1843. That 64.13 was just a leftover I forgot to replace. Fixed!