I exaggerated a bit , 25% in 4 years . And no I don’t think so Ken griffin , Elon musk , Jeff before , stanley drunkenmiller all say inflation highest in 50 years since volker . And it’s biggest threat to USA Today


Also eggs up more than that many other grocery items , also housing up 32% since 2020 . Energy also up 40% since 2020 nat gas and oil ( gasoline )


No , it’s correct . 9% then 5 then 4 compounding does that .

Also the dollar is down 99% in 100 years .


It’s @ 3.6%. CPI right now , 2022 was 9% . 1980-2021 was about 1.8-2.3 %

( cpi very rigged and they delete weights constantly like they just did with coffee for the first time )


Yes cap gains about 50% less then personal income , and most wealthy people make there $ from cap gains . N yes the US dollar is by far the best currency . Hey you said young people get low ages and by all polls inflation is the # 1 concern in the USA .

I do love spending time in a lot of country’s , been to about 15 love them all . Except Brazil which is beautiful , but rio in particular is a shit hole


Elon musk paid 11 billion dollars in taxes in 2022 . Most by any individual in history .

Printing money makes your wages worth less literally . 1 dollar = .72 cents in 36 months .


That’s very sad . Not my cup a tea but roaring kitty is humorous


Completely agree on student loans being atrocious 100% , n boomers have done incredible damage , in particular in sf nyc Boston Chicago the last 3 years in particular


Well billionaires do pay all the taxes , % wise anyways . But yes the wages low mostly from the “ managerial class “ allowing the fed to print $


lol , yes agreed. In spirit and certainly in practice . Yah few friends friends grew up in the projects that are now self made millionaires , other friends went Yale under grad , n masters in business from mit . His gf as well ,  both broke moved into her parents in Virginia . Most extreme example out of group but many such cases .


Social media made these things more obvious imo


If a 22 year old is 250k in debt , moved back in w parents and even they go to bed crying about losing there home and you can’t move or help w mortgage things get dark


Yes agreed , I am a young person and about a 1/3 of my friends are happy and full of excitement and life , healthy n traveling the world . Another 1/3 seems to be surviving not living , another 1/3 addicted to opiates / suicidal


Housing 6x , 20% if young people are doing incredibly , 20% treading water , other 60% miserable depressed


De industrialization then inflation imo


First day

#introductions