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And, is there anything wrong with this? Parents are supposed to help their children.
by rs999gti 3y ago
And, is there anything wrong with this? Parents are supposed to help their children.
- boppo1 3y agoI think it’s bemoaning that it’s necessary, not the actions of the privileged. As a child of the 90s, I grew up with the idea of ‘work hard and you can earn enough wealth to be independent.’ My parents did so fairly easily and planned for a world where I could do the same. The don’t expect any retirement support from me, but also cannot afford to help me get on my feet. I went through high school, and things seemed to slowly be ‘getting worse’. Then I studied finance in college and realized Greenspan’s ‘New Paradigm’, followed by QE (Keynesian, centrally planned, interventionist low-interest rate regimes) were making a prophet out of Hayek and his ‘Road to Serfdom’. It’s a complaint about financial policies that have kneecapped, and are further destroying, the American ideal of economic self determination.