That was the federal reserve, compound interest, and money printing. Not the boomers.
Don't let them redirect your ire. It's the banks that are the problem, not the people living under the rules that have been forced upon them by the banks.
You can’t blame this all on the banks. 2nd/3rd wave feminism- Boomers, H-1Bs- Boomers, Anti-redlining bill causing the stock market crash- Boomers, DEI and “Anti-racism”- Boomers, Dual income household- Boomers, declining birth rate-Boomers, killing nuclear power- Boomers, Hippies- Boomers. People like to pretend millennials were the “me” generation, but it was boomers, they were the most libtarded generation the ones who implemented mass immigration to replace having a birthrate and are to this day the financial rugpullers on every later generation. Inflation can’t explain why a mechanical engineer starting salary today is making almost half of one in 1990 when you adjust for inflation. Banks didn’t do that, government policy and a generation of unrepentant narcissists did.
It's monopolies. Boomers got 401k's then got stars in their eyes. They didn't care about long term impact they went for short term increase of their "retirement" fund and cheered for every bullshit law the benefited it. Which is all actually just going to become a "medical care" and "pharmaceutical" fund in the low rent wasteland their easily manipulated greed has created.
That was the federal reserve, compound interest, and money printing. Not the boomers.
Don't let them redirect your ire. It's the banks that are the problem, not the people living under the rules that have been forced upon them by the banks.
You can’t blame this all on the banks. 2nd/3rd wave feminism- Boomers, H-1Bs- Boomers, Anti-redlining bill causing the stock market crash- Boomers, DEI and “Anti-racism”- Boomers, Dual income household- Boomers, declining birth rate-Boomers, killing nuclear power- Boomers, Hippies- Boomers. People like to pretend millennials were the “me” generation, but it was boomers, they were the most libtarded generation the ones who implemented mass immigration to replace having a birthrate and are to this day the financial rugpullers on every later generation. Inflation can’t explain why a mechanical engineer starting salary today is making almost half of one in 1990 when you adjust for inflation. Banks didn’t do that, government policy and a generation of unrepentant narcissists did.
It's monopolies. Boomers got 401k's then got stars in their eyes. They didn't care about long term impact they went for short term increase of their "retirement" fund and cheered for every bullshit law the benefited it. Which is all actually just going to become a "medical care" and "pharmaceutical" fund in the low rent wasteland their easily manipulated greed has created.