as a boomer on the cusp of being a non boomer, I felt it was my right to state that the woodstock generations is the biggest group of takers and leftist destroyers I could have imagined. However, over time... I believe we could have afforded to let them be takers... had we not had 700 percent inflation or more over my lifetime.
The idea that the dollar was in so much demand all over the world... and that we still had 700 percent inflation is a cruel theft from the last 2 generations.
Until recently the government borrowed the money so that should have kept inflation very low.
There was massive demand for the dollar from all over the world for international banking and for all the countries who needed a currency. The dollar should have appreciated strongly from 1960s levels when coffee was a nickel and cars were 4000 - 6000.
Instead of imports going down and the dollar being stronger... someone printed so many dollar coffees are not less than a nickel they are a few dollars?
Which private group got the benefit of pumping out trillions of dollars all over the world and devaluing our currency so tremendously.
Can you believe what has been done to those that saved and worked hard.
Then on top of that... massive taxation.
I no longer blame the boomers... at all.