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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

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To: woodbutcher1963

My impression is that he flogged that dead horse until there was pink goo.

He was in fact correct about the population imbalance in China. prosperity has allowed people to age while population control measures are coming home to roost with not enough young people. I quit watching because that was mostly all he was reporting

Regarding the missing 100 million people, I discount all numbers coming out of China simply because they do not have the capability of making accurate tallies. I don’t know that for sure of course but just think they lack the basic capability. There is known to be wide spread corruption at every level of government and making up numbers while collecting the fee for counting is easy money

That is especially true with Covid numbers. I don’t believe that China as a nation of many local governments with say 50 million people has the ability to collect and timely report any reliable numbers on covid cases, hospitalizations or deaths.


41 posted on 02/15/2023 6:58:22 AM PST by bert ( (KWE. NP. N.C. +12) Juneteenth is inequality day )
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To: Recovering_Democrat

I love it when a low information voter says “no! It’s greedy corporations!”

I just reply “oh so they just became greedy when Biden was elected? Because inflation wasn’t a problem since Carter before that.”

They of course continue to spout their nonsense but hopefully it gets a third party to think about it.


42 posted on 02/15/2023 7:03:34 AM PST by cableguymn
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To: MMusson

Moving Manufacturing back to the USA will cost money. But, it will produce good permanent jobs


That few will want.


43 posted on 02/15/2023 7:05:38 AM PST by cableguymn
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To: EBH

Ooh, the commie trash in the media have thrown another demographic under the bus — to protect the money printing started by Obama and run wild with BeijingBiden.


44 posted on 02/15/2023 7:16:43 AM PST by bobbo666 (Baizuo)
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To: ferret_airlift

Not all of them

Probably just as easy to blame all voters


45 posted on 02/15/2023 7:33:38 AM PST by Nifster ( EI see puppy dogs in the clouds )
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To: Recovering_Democrat

That and they won’t change spending habits, still buying junk food and eating out, shopping for what catches the eye, latest electronics, instead of investing in gardening, home cooking, canning, and raising a few hens for eggs.

I will have a veggie garden, and 4 hens this year. It’s enough for 2. I froze everything I could in 2022, heat killed my garden. But wise shopping got carrots, potatoes, and a trip to Ripley, TN 2 bushels of tomatoes canned. Sewing eoom has all shelves stocked with long term food. I listened to my grands stories of the FDR DEPRESSION. It was not the Hoover Depression.

It’s free, do read the links in the comments. Pass it around. Destruction of food especially chicken and eggs. FOOD PLANTS DESTROYED LIST https://www.thegatewaypundit.com/2022/06/updated-list-us-based-food-manufacturing-plants-destroyed-biden-administration/

You can add in the train derailments as farm animals are dying. mNRA VACCINES FOR THEM TOO.
FOOD-GATE, CONTROL THE FOOD, YOU CONTROL THE ‘PEOPLE’! People fear hunger.
We’ve had bad weather, that is just part, of shipping, fertilizer, or Covid lockdowns on the list. It doesn’t stop there. Be it public or Military prices rose when Oil/Coal was cut. Climate change.

https://gailhonadle.substack.com/p/food-gate-control-the-food-you-control


46 posted on 02/15/2023 7:55:13 AM PST by GailA (Constitution vs evil Treasonous political Apparatchiks, Constitutional Conservative.)
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To: EBH

If they’re spending money that they earned, it’s not inflationary.


47 posted on 02/15/2023 7:55:16 AM PST by BfloGuy ( Even the opponents of Socialism are dominated by socialist ideas)
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To: Recovering_Democrat

That and they won’t change spending habits, still buying junk food and eating out, shopping for what catches the eye, latest electronics, instead of investing in gardening, home cooking, canning, and raising a few hens for eggs.

I will have a veggie garden, and 4 hens this year. It’s enough for 2. I froze everything I could in 2022, heat killed my garden. But wise shopping got carrots, potatoes, and a trip to Ripley, TN 2 bushels of tomatoes canned. Sewing eoom has all shelves stocked with long term food. I listened to my grands stories of the FDR DEPRESSION. It was not the Hoover Depression.

It’s free, do read the links in the comments. Pass it around. Destruction of food especially chicken and eggs. FOOD PLANTS DESTROYED LIST https://www.thegatewaypundit.com/2022/06/updated-list-us-based-food-manufacturing-plants-destroyed-biden-administration/

You can add in the train derailments as farm animals are dying. mNRA VACCINES FOR THEM TOO.

FOOD-GATE, CONTROL THE FOOD, YOU CONTROL THE ‘PEOPLE’! People fear hunger.
We’ve had bad weather, that is just part, of shipping, fertilizer, or Covid lockdowns on the list. It doesn’t stop there. Be it public or Military prices rose when Oil/Coal was cut. Climate change.

https://gailhonadle.substack.com/p/food-gate-control-the-food-you-control


48 posted on 02/15/2023 7:55:54 AM PST by GailA (Constitution vs evil Treasonous political Apparatchiks, Constitutional Conservative.)
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To: EBH
Millennials, who surpassed baby boomers as the largest age group in the U.S. in 2020, will likely make up most of the spending as they age into homebuying.

I thought millennials don't buy homes.

49 posted on 02/15/2023 7:56:41 AM PST by 1Old Pro
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To: Nifster

Not all of them, but quite likely a majority, considering debt relief was (falsely) promised. I’m a millennial myself, though I didn’t vote for it.


50 posted on 02/15/2023 7:59:53 AM PST by ferret_airlift
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To: 1Old Pro

Millenials are buying homes. Three of them have bought houses in my office in the last two years. One even built a house in the suburbs of Boston. The forth bought a condo outside of Boston.

They are all in their late twenties.

A thirty something built a house in southern NH right on the MA border. He and his wife even had their first baby. He is the first person in his family to own a single family home.
he grew up in Boston and NYC. Plus he is a conservative.


51 posted on 02/15/2023 8:11:54 AM PST by woodbutcher1963 ( )
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To: woodbutcher1963

The Boston area is unique, good job market high paying jobs and a staggeringly strong real estate market. Most purchases are great investments. I see the tiny houses for $600,000 my friends kids are buying and scratch my head, but they’ll never lose money on them.


52 posted on 02/15/2023 8:44:48 AM PST by 1Old Pro
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To: 1Old Pro

Prices of houses here in southern NH have continued to climb because there is almost nothing available to purchase. Plus nothing being built. Almost zero new construction.

What we need is more retirement style housing developments. Fifty and over smaller homes/free standing condos.
That and multi family apartment buildings.
Rent is very high around here. They could easily another several hundred apartments right here in south central NH.


53 posted on 02/15/2023 10:43:26 AM PST by woodbutcher1963 ( )
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