Potentially. The idea is to slowly ensnare as many people, draining away their wealth effectively, but subtly.
Potentially. The idea is to slowly ensnare as many people, draining away their wealth effectively, but subtly.
I have a suspicion we'll see continuing bifurcation in the labor market where highly competent people (the Dagny Taggarts of the world) will rake in massive wages due to the Boomers paying through the nose for someone to keep the lights on, even if that's double the wage YOY. While the less competent majority will get 2% raises, 20% inflation, and whine for socialism to "save" them.
I have a suspicion we'll see continuing bifurcation in the labor market where highly competent people (the Dagny Taggarts of the world) will rake in massive wages due to the Boomers paying through the nose for *someone* to keep the lights on, even if that's double the wage YOY. While the less competent majority will get 2% raises, 20% inflation, and whine for socialism to "save" them.
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