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

  • COMPUTERS69 [he/him,they/them]
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    edit-2
    1 year ago

    The last time we saw what we call 'wolverine inflation'

    No one is calling it that, Smead. Just you. It's a made up term that you're trying to make happen for like the past year. Based on 2 pages of Google results and the only time it is used coming from you.

    What an absolutely pathetic dipshit. It's the capitalist version of trying to make "fetch" happen.