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re: Powell no longer believes inflation will reduce
Posted on 5/14/24 at 11:08 am to GoldenGuy
Posted on 5/14/24 at 11:08 am to GoldenGuy
quote:
Unfortunately, both Millennials and Gen Z are shite at getting to know each other
How young do you think Millennials are?
quote:
They find a roommate.
I don't disagree, but 5 years from now it will be "Get a 2nd roommate, only eat beans/rice, and stare at the ceiling for fun during your free time.
Seems the older generations enjoyed plenty of economic prosperity at the same age, yet are asking the younger generations to do away with those same things just to survive.
Why is talking about the COST of everything rising okay, but pointing out that wages/salaries remain stagnant in relation to those rising costs is frowned upon as if those people are being lazy or need to basically only eat/sleep/work with no life enjoyment?
2
Posted on 5/14/24 at 11:15 am to dcrews
quote:
Seems the older generations enjoyed plenty of economic prosperity at the same age, yet are asking the younger generations to do away with those same things just to survive.
What’s worse is they reaped the rewards and slammed the door behind them.
The were making 35k per year and bought homes for 20k.
Now those homes are worth 500k, then they vote to block more homes being built and cheaper residential complex keeping their prices high. Then they take out equity and scoop up the last remaining affordable homes to flip them or turn them into air bnbs.
They also refuse to retire or bring in young people to learn their career and trades in fear of being replaced.
Posted on 5/14/24 at 1:11 pm to dcrews
quote:
Seems the older generations enjoyed plenty of economic prosperity at the same age, yet are asking the younger generations to do away with those same things just to survive.
The older generation didn't live in urban areas at near the same rate as people today. Living gets a lot less expensive when you leave the urban centers. Kids today think they should be able to afford a nice place in the NYC at their first job making $75k, which is just idiotic
This post was edited on 5/14/24 at 1:24 pm
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