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Inflation may stick around for a decade because of millennial and Gen Z spending
Fortune ^
| 2/15/23
| Tristan Bove
Posted on 02/15/2023 2:51:07 AM PST by EBH
click here to read article
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1
posted on
02/15/2023 2:51:07 AM PST
by
EBH
To: EBH
Because of money printing.
To: EBH
Inflation, especially at the time horizons the article is looking at, is a monetary phenomenon. Younger people entering prime spending years has nothing to do with the systematic inflation rate.
3
posted on
02/15/2023 3:02:30 AM PST
by
C19fan
To: EBH
Its the old people with power that have done this. X and GZ have no clue. But it looks like they may get one across the forehead.
To: EBH
5
posted on
02/15/2023 3:16:04 AM PST
by
central_va
(I won't be reconstructed and I do not give a damn...)
To: C19fan
“Too many dollars chasing too few goods” = inflation.
6
posted on
02/15/2023 3:16:40 AM PST
by
central_va
(I won't be reconstructed and I do not give a damn...)
To: EBH
7
posted on
02/15/2023 3:17:51 AM PST
by
central_va
(I won't be reconstructed and I do not give a damn...)
To: EBH
More shameless propaganda keeping fools attention away from The Fed and Biden.
8
posted on
02/15/2023 3:21:39 AM PST
by
Vision
(Woke is communism and it has no place in America. Election Reform Now! Obama is an evildoer.)
To: EBH
Blame dumblecrat spending in the trillions..not some millenial schmuck’s video game purchase.
A large number of youngsters won’t/ can’t buy a house; won’t/ don’t own cars. Those are 2 biggies in a person’s financial life.
9
posted on
02/15/2023 3:21:45 AM PST
by
Adder
(ALL Democrats are the enemy. NO QUARTER!!)
To: EBH
No. Don’t blame the youngsters for govt over spending
10
posted on
02/15/2023 3:41:16 AM PST
by
Nifster
( EI see puppy dogs in the clouds )
To: Vision
Exactly, setting this up as a conflict between generations.
Couple this with recent article recommending the mass suicide of senior citizens and you can see where this is all going.
11
posted on
02/15/2023 3:49:42 AM PST
by
EBH
(America Blackmailed, The True Story of the World War...Coming Soon)
To: EBH
“It’s certainly not Joe’s fault.”
12
posted on
02/15/2023 3:56:11 AM PST
by
ClearCase_guy
(“You want it one way, but it’s the other way”)
To: Nifster
Depends. They certainly voted for it.
To: C19fan
Inflation, especially at the time horizons the article is looking at, is a monetary phenomenon. Younger people entering prime spending years has nothing to do with the systematic inflation rate. Beat me to it. Never ceases to trouble me how fundamentally ignorant people in the media are about this basic fact of economics. Expansion of money supply above and beyond increases in productivity is inflation. Everything else is just consequences.
To: central_va
15
posted on
02/15/2023 4:07:38 AM PST
by
mewzilla
(We will never restore the republic if we don't first secure the ballot box.)
To: ferret_airlift
16
posted on
02/15/2023 4:07:49 AM PST
by
mewzilla
(We will never restore the republic if we don't first secure the ballot box.)
To: EBH
There is too much loaf money being burn’t.
Go out in the hours when most everyone use to be working and notice it.
Starting up strong by 10 at the biskitville drive thru.
17
posted on
02/15/2023 4:08:28 AM PST
by
Recompennation
(Don’t blame me my vote didn’t count)
To: EBH
It wasn't the millennials who dragged us into for profit wars that the MIC had no intention of winning, or the deficits that resulted.
Nor were they the ones who sent our manufacturing, technology, money, and tax paying jobs to the communists in China.
All have something to do with the inflation we have now.
If anyone should apologize, it's the older generations for the country we left them with.
18
posted on
02/15/2023 4:18:27 AM PST
by
TwelveOfTwenty
(Will whoever keeps asking if this country can get any more insane please stop?)
To: EBH
Spendthrift consumers cannot cause inflation, period. The author is a dumbass.
19
posted on
02/15/2023 4:20:25 AM PST
by
frogjerk
(More people have died trusting the government than not trusting the government.)
To: EBH
Moving Manufacturing back to the USA will cost money. But, it will produce good permanent jobs.
20
posted on
02/15/2023 4:44:19 AM PST
by
MMusson
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