> This inflation episode coincides with millennials nearing the end of the typical income growth phase of their careers without substantial asset buying power.

> This inflation episode coincides with millennials nearing the end of the typical income growth phase of their careers without substantial asset buying power. Interesting. Do you have any links that quantify this? > Eventually people will simply drop out of the race, or demand vastly higher wages to compensate Maybe in some places. But this doesn't line up with what we know about American nature. Their frustration will most likely be expressed via violent outburst, blaming other groups, believing in conspiracies, and who knows what other exciting new antisocial behaviors they'll cook up on the internet.