this post was submitted on 29 Feb 2024
240 points (100.0% liked)

196

16436 readers
1883 users here now

Be sure to follow the rule before you head out.

Rule: You must post before you leave.

^other^ ^rules^

founded 1 year ago
MODERATORS
 

Article assumes Boomers won't spend it all before they die.

https://www.theguardian.com/money/2024/feb/28/millennials-richest-generation-wealth-property

you are viewing a single comment's thread
view the rest of the comments
[–] [email protected] 20 points 8 months ago

Just as a feature of inflation the numbers that represent the wealth held by millenials will almost certainly eclipse that held by previous generations. But also thanks to inflation the actual value change represented by that larger number is sweet FA. Everything is just more expensive.