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Me either! My argument isn’t that there will be inflationary pressure from boomers, but that the cost of production by the younger generations will rise above the stored value of the older generation’s wealth. Nothing rocket science here; the young will eat the old ;) Of course, some boomers have enough wealth that it won’t phase them, or they may die before it becomes a problem.

I remember as a kid the post-WWII old wealthy aristocrats who couldn’t afford their castles and had to marry rich uncouth Americans to keep the lights on. Well I could go on and on. Do you disagree?

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Max Can't Help It!
Max Can't Help It!

Written by Max Can't Help It!

Trying to connect what hasn't been connected.

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