inflation -- the rate consumer prices go up year to year -- has skyrocketed since 2021. why? ap says there are a bunch of culprits: covid, russia’s ukraine invasion, the supply chain crisis, gvt spending, and the federal reserve
one investor blames millennials, too. there are way more millennials than gen xers, and millennials now have the cash to spend big, on things like homes and cars
yahoo finance isn’t buying it. boomers control the world -- from the fed, to major corps, to the chinese gvt. how on earth can we blame millennials for inflation?
vice news also pushes back. millennials don’t have $$! they have a ton of debt, and were least likely to benefit from the housing and stock market gains of the pandemic
a wapo op says millennials can’t win. first, we told them to live at home and save up. now, we’re mad that they’re buying homes?
and business insider says inflation has hit millennials the hardest
millennials themselves took to twitter (surprise) in response. buzzfeed summarizes: we had no money for cars and homes before! give us a break