> wages like that aren't sustainable, cause you aren't creating that much value in one hour. not from manual labor at least. it's not just wages but their assets which ballooned as a result of things like qe and artificially low rates, gov bailouts. if we had a freemarket alot of boomer wealth would have evaporated in the gfc, asset prices would've reset allowing younger gens to buy in at a reasonable price. but to bailout the system and preserve their wealth, we transferred that responsibility to younger gens.
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