basquebromance
Diamond Member
- Nov 26, 2015
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I thought I’d heard all Biden excuses for inflation, like “Putin did it.” But this takes the cake. Analyst says millennials at fault because there are too many of them. Real answer from monetary theory—printing too much & spending too much money.
The size of the millennial generation is to blame for sky-high inflation, strategist says
"The last time we saw what we call 'wolverine inflation' ... was when 75 million baby boomers replaced 44 million silent generation people in the 1970s," Smead said.
www.cnbc.com