https://www.cnbc.com/amp/2022/07/15/millennials-are-to-blame-for-sky-high-inflation-strategist-says.html

"See, what everyone is not including in the conversation is what really causes inflation, which is too many people with too much money chasing too few goods," Bill Smead, chief investment officer at Smead Capital Management, told CNBC's "Squawk Box Europe" on Thursday.

"So we have in the United States a whole lot of people, (aged) 27 to 42, who postponed homebuying, car buying, for about seven years later than most generations," he said.

Damn, Millennials are just not good with economics

      • Thordros [he/him, comrade/them]
        ·
        2 years ago

        This is not factually true. The Biden administration has been hamstrung by the senate parlimentarian's arcane rules and regulations. Take for example, the Senate Appropriations Presidential Funding Act of 1982, section 34. Smart people would google "Biden Rule 34 inflation" if they want to get the real truth.