See Volokh note here.
Has the dollar lost that much value?
The money supply has been rising much faster than wages for so long that maybe it is time that the wages catch up.
How many construction workers get paid enough to buy one of the homes they are building? This is a twist on the notion of Ford paying workers enough to buy the cars that they make.
How much must I be paid to pay off a home with a 20 percent down payment and a ten-year pay-off and a ten percent rate of interest? (That is closer to the rental-justified valuation of a home.)
Think in relative terms.
Will my pay get me to a point where I can sit in a Rocking-Chair and relax some day?
Does picking lettuce translate to another day wasted and another dollar in debt?
Does favorable capital gains tax rates make sense when such gains result principally from monetary stimulus of debt rather than stimulus of wages?
Let asset price levels fall back toward a more natural equilibrium and the lettuce laborer's static wage would look better and better each day.

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