3 ms·
Asset price inflation is more or less eating the children. None of the younger people can afford to live on their own which means keeping the same production re
by nukemaster 4y ago
Asset price inflation is more or less eating the children. None of the younger people can afford to live on their own which means keeping the same production requires civilization destroying high rates of immigration (and even that isn't really working.)
It doesn't really matter now, it's way way too late to fix but these two things will more or less end the US, it's how most of the large Western empires ended.
- RickJWagner 4y agoInflation is eating the elderly, and those living without an expandable paycheck. IMHO, today's inflation seems inevitable based on recent very loose monetary policy. Blaming it on Putin is ludicrous. It's also noteworthy that inflation is perhaps the most attractive way (politically) for the growing debt to be marginalized. The other tools (tax raises and spending cuts) tend to bring sharper reactions at the ballot box.