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No, you don't need to review the "security" of my connection. I'm at home with my OpenWrt router. I don't trust JavaScript execution by default because of security. It's a real shame folks think they can do this with users' browsers.
It's not just monetary inflation that has decimated the buying power of everyone who has graduated in the last 10 years.
Housing and rents are sky high as ever
Student debt is a massive additional burden
Healthcare costs have ballooned
Education also has shot up far and above more than the general monetary inflation rate.
There are lots of other forms of pressure beyond general inflation caused by the excessive printing of money including what I listed above.
Recent grads up to early thirty year olds today have a significantly smaller share of wealth compared to the same age group in previous generations.
At least now with rising interest rates there are other alternatives for investments beyond the stock market. Treasury bills are all paying 4+%. Even high yield savings accounts like Marcus are paying 3+%. Risk free.
I'm glad to see the FED pumping them higher. Please don't stop any time soon!
The Euro and US Dollar exchange rates are about equal, but I think today €50k in Europe gives you greater financial security and higher quality of life than $100k in the US.
8 comments
[ 3.8 ms ] story [ 29.0 ms ] threadNo, you don't need to review the "security" of my connection. I'm at home with my OpenWrt router. I don't trust JavaScript execution by default because of security. It's a real shame folks think they can do this with users' browsers.
Housing and rents are sky high as ever
Student debt is a massive additional burden
Healthcare costs have ballooned
Education also has shot up far and above more than the general monetary inflation rate.
There are lots of other forms of pressure beyond general inflation caused by the excessive printing of money including what I listed above.
Recent grads up to early thirty year olds today have a significantly smaller share of wealth compared to the same age group in previous generations.
At least now with rising interest rates there are other alternatives for investments beyond the stock market. Treasury bills are all paying 4+%. Even high yield savings accounts like Marcus are paying 3+%. Risk free.
I'm glad to see the FED pumping them higher. Please don't stop any time soon!