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Why do Boomers own everything?

By their 30’s Boomers owned 20% of national wealth.

For Gen X it was 8.5%.

For Millennials it’s not even 3%.

The Federal government — and the Federal Reserve — broke the young.

https://file.nostrmedia.com/p/e8d66519e43b1214ac68f9f2bdbc4386d41ac66b20c5a260b9b04102784074e9/9ed1dde0c533d04224f11d943decffa5dbdefd14baecebe70b0c78fe3ab16267.mp4

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Autumn Sun ☀️🌘☯️ 10mo ago

Alas, even though it's established lore in Bitcoin/Libertarian circles, the FED has a very minor role to play in this tragedy.

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Kenshin 10mo ago

How does the FOMC’s decisions that heavily influence Boomer’s wealth accumulation through various channels such as interest rates, stock market performance, and housing market dynamics play a minor role?