this post was submitted on 02 Sep 2025
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A Boring Dystopia
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At any point in their lives, Millennials will have about 1/4th the buying power of Boomers.
At any point in their lives, GenZ will have about 1/4th the buying power of Millennials, anout 1/16th the buying power of Boomers.
Wealth redistribution is now required for current and future generations to obtain human needs from their society again.
Can I get the source on that? Feels right, but I want to be able to reference it.
The numbers are “made up” and not based on any data. The data we do have is much more complex, murky, and even intentionally compromised to fit a narrative.
A more accurate way of phrasing it is that older generations have hoarded finite resources, locking younger generations out of milestones like buying homes, which also means locking them out of building equity and setting down community roots, which means a higher percentage of their money is spent on surviving instead of living, which makes them delay or abandon starting families, etc.
If you look at the studies, they will try to argue to generational “wealth” is akshually increasing against inflation and cost of living. But if you look more closely, you will also notice how they conveniently avoid the aforementioned facts. So while those fractions are not based on actual measurements, they still convey a very real concept that is being felt deeply and not being appropriately measured or dealt with.
Do you have a source I can share?
MVP for coming thru on a source
Good source, thanks! I wish it also showed Gen Z
Well older gen z in 2019 were barely starting to become adults. Most of us were still teens by that time
Indeed, but the oldest Gen Z are now 29, it would be nice to have more recent data.
Yeah but we only have 6 year old data
Which makes sense, data takes a while to compile and release. It just means that someone like myself, who's in their late 20's, isn't part of the data set. We're probably doing even worse than the millennials.
I am in my early 20s and yeah it kinda sucks
Wealth is already being redistributed, just in the wrong direction.