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
Yeah, shit sucks lol. And i think a factor often overlooked is that we're kind of 2nd generation disenfranchised if that makes sense - we grew up in houses our families didn't own and could never think of owning, raised by the millenials that had had their adult lives shaped by econmic disaster
Like, an example i heard from a compassionate older person, gen z (in the west at least) are being raised by the first people to be raised by two parents working fulltime; our parents weren't taught to cook or maintain shit and so we aren't even exposed to that sort of behaviour passively like they were because our parents don't have the energy/time just like their parents didn't and they never really learnt in the first place, so no shit we often can't cook, can't fix stuff, have to google "basic" skills. its a natural affect of societal conditions over such a timeframe. Apply that to economics, apply that to the conditions we have become used to, apply that to the expectations of work/benefits/pensions/help that older people understand as natural but we don't have the slightest instinct to expect
Shit compounds and gets worse