Ok, so I often hear folks blaming boomers for the current economic situation. I'm not a boomer, but I know many of them. How is it their fault that the govt steals from everyone? All the boomers I know have worked their asses off their whole lives, and some of them have managed to accrue a nice eggnest for themselves, but they stole nothing from us or anyone. They didnt have bitcoin to help them save, they played the cards they were dealt by working hard and being frugal. No boomer that I know has stolen a dime from me. Lets stop scapegoating boomers for what govt has done. These people had to pay into social security their whole lives, they could not opt out. The average boomer is a victim of govt just like everyone else. Many younger people who blame boomers just want a free ride and think that they shouldnt have to work for their money, while every boomer I know has a work ethic that would put most young people to shame. So lets put the blame where it belongs and stop being jealous of someone who works hard and saves their money. #grownostr #boomers
Discussion
They were decieved into accepting a system that steals wealth through inflation. Had they been more diligent it may not have happened. They have also benefited from being early in the debt Ponzi and generally support it's continuance to ensure their asset price continues to grow.
In short, personal responsibility for providing for future generations was abdicated to government.
Ok, So bitcoin is only 14 years old. If you were born 14 years ago, And immediately started working and saving your money, You saw no effect from inflation on the money you saved. If you were alive from 1973 to date you saw the close of the gold window, Where Richard Nixon took the US off the gold standard and money in the United States became superfluous. There was 40 years of inflationary lending, Where only in the US could you borrow money against your assets and always re-qualify for more debt when it was time to pay the bill. The boomer generation unknowingly sunk the US into this debt trap out of a helpless dependence on this perpetual debt cycle, And all was fine and well until 2008, When many working class people dependent on this debt cycle to continue defaulted on their home loans and ended up homeless. Since 2008 things have become much worse. Although wages have increased, They do not translate to outpacing inflation. The cost of living has risen in lock step with wages. Housing has become out of reach for people starting into the workforce today, Especially compared to the boomer generation, Who were raised on a standard where one person could support a household on 8 dollars an hour, Their boomer children could go to University, And they would own their home. Everyone had a 57’ Chevy Bel-air in the driveway, And you could get a full cart of groceries for 20$. If I make it out of Whole Foods spending less than 150$ for one bag of food, I am spending light. If I pay less than 1200$ a month in rent, I got a good deal, If I can get a mortgage on a single family home for less than 26% interest on a 2 million dollar loan, I got lucky. If I can get my kid through college for 150,00$ I got a good deal. The only people who lived the American dream were the people who had money after the Great Depression, When America was the leader of the free world post WW 2. The boomers just lived in an inflationary bubble, And know nothing else, And gen X are too entrenched in their parents lives to change. Millennials have no ambition in life to do anything but work, Never own their homes, And have kids who do worse than them. Bitcoin is for the people who realize the ills of the financial system in the United States, And it takes a lot of experience and a lot of research to arrive to the point of accumulating bitcoin and using it to your advantage. Most people accept the broken system as too difficult to change, And will continue living in it helplessly. It is like steering the titanic, It takes years and possibly generations to fix these problems and most people don’t even see the problem in the first place, Especially technologically and financially illiterate boomers.
There are just as many tech and especially financially illiterate young people, otherwise all young people would be on a btc standard. And we know that is far from reality. My whole point was that arguing about who is responsible for the situation is exactly what govt clowns want.
The past 30 years have seen more changes than the past 200. I think young people still are becoming more and more aware of the situation, But usually people need to be at the very bottom before they take the time to realize what is really wrong. This will be the first generation born with an iPhone in their hands, And the first generation to inherit bitcoin. The next 30 years we will see even faster change, And the boomer generation, Bless their hearts, Can not keep up. But we have to live in their flawed ideology until they pass on anyway. Being on the cutting edge can be isolating, But don’t doubt you are right for a second and don’t give credence to an obsolete American dream. The golden age is over and clinging to it only makes things worse.
You can't be held responsible for the government you elect? You can't expect someone to excercise skepticism and judgement? Social security is something other than the young being stolen from for the benefit of the old? Who raised the younger generations you claim have no work ethic? I wouldn't waste my breath ripping on boomers, but saying they don't share culpability seems to gloss over a few things.
Everyone bears culpability, not just one demographic, and you could go back to the beginnings of this country and find blame.
I get it, and I don't wish I'll on any boomers, its not good to stereotype people or assign the guilt of government on them, there's a lot of great boomers even in our midst here. Its just frustrating to see so much die under their tenure, then to hear people blame younger generations like "you just don't have any work ethic"; my work ethic is fine, those boomers could do with self reflection, open mindedness, and care paid towards the preservation of homeostatic systems like the market. Instead they cheered for war, laugh at freedom, and live in denial that the debt won't hurt their great grandchildren.