| The story of our inflation headache is one of scarcity: not enough people, homes, or ships.
But while the arguments about post-COVID price chaos have focused overwhelmingly on pandemic-created triggers, inflation is also a story of larger tectonic shifts within the population.
Boomers are entering their twilight years. And as they ride off into the sunset, they’re leaving behind an economy that isn’t really built to accommodate the demands of the 21st century.
They’ve spent the past few decades shaping the world in a way that has made the current crunch more painful — and sets up future generations for continued deprivation. Their greed destroyed the economy. Now, millennials and Gen Z are paying the price. |