>That said, a decade of 10% inflation would be an awfully cruel joke for millennials Yes, it will be bad for all of us. I've lost the ability to earn an income

>That said, a decade of 10% inflation would be an awfully cruel joke for millennials Yes, it will be bad for all of us. I've lost the ability to earn an income due to long covid, yet my income is likely to be constrained to the meager cost of living adjustments that are wrangled out of a reluctant Congress in the remaining years of my life... should I make it to age 62 in 3 years to finally get "early" social security. There will be wage growth roughly in line with inflation, so those who can participate in the labor force won't have it as bad as I will. I wish you all luck.