Re:Salim Kara stole $2M in coins with a magnet and a car ant...
by andy99 on Tuesday January 02, 2024 @11:35AM
(#38843532)
The 38k/year was the most striking part of the article. According to a (US) inflation calculator that would be 130k today https://www.usinflationcalculator.com/ which seems very good for an apparently entry level job.
Re:Salim Kara stole $2M in coins with a magnet and a car ant...
by Scoundreller on Tuesday January 02, 2024 @11:41AM
(#38843612)
I wonder if the fellow had to be a licensed electrician for that job. It would explain a lot, especially in Alberta where they were in high demand throughout the 70s to work the oil patch.
Re:Salim Kara stole $2M in coins with a magnet and a car ant...
by cstejerean on Tuesday January 02, 2024 @01:31PM
(#38845080)
I think that's largely because wages haven't really kept pace with inflation.
Re:Salim Kara stole $2M in coins with a magnet and a car ant...
by fennecfoxy on Wednesday January 03, 2024 @11:57AM
(#38856386)
Haven't really = not at all, I have no idea where I'd be if I wasn't working in the comparatively highly paid tech industry. I count myself as very lucky.
Re:Salim Kara stole $2M in coins with a magnet and a car ant...
by phonon on Tuesday January 02, 2024 @02:47PM
(#38846153)
It's a Canadian dollar, so about 20% less or so than USD at that time.
Re:Salim Kara stole $2M in coins with a magnet and a car ant...
by Scoundreller on Tuesday January 02, 2024 @06:09PM
(#38848368)
Currency exchange rate is pretty similar now which suggests similar inflation rates to both.
https://nationalpost.com/news/canada/royal-canadian-mint-emp...
In 2015, this fellow was making $55k/yr, contrast to the guy in the article making $31k in 1981.