Current Inflation Has Different Effects on Different Age Groups
I feel like technology has led to such an efficient form of capitalism over the past 20 years, that there&#x27;s no room left for any possibility of social mobility. It&#x27;s this system where there is just enough room for you to live and get by, but never get ahead. Prices for everything are so efficiently optimized at this point that there is no more &quot;wiggle room&quot; for a working person to build wealth. The basic necessities of life have risen to perfectly match your income. It&#x27;s a new kind of slavery. As a single male with no family or debt, making 3x the median wage, I am <i>just barely</i> doing ok. I literally can&#x27;t even imagine how other people are still surviving.