Wealth owned by each generation 🪙📊 \ stacker news ~charts_and

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124 sats \ 2 comments \ @flat24 26 Mar charts_and_numbers

Here we can see how much wealth these three generations have been able to accumulate:

Baby Boomers
Generation X
Millennials

It is fascinating to note that those in "Generation X", who are currently around 50 years old, have not even been able to reach 20% of the wealth that "Baby Boomers" had at age 35. And as for the Millennials generation, which is my generation, we're destined to be poorer. After 30, we have nothing, and our income is at the level of a Generation X twenty-something.

Fortunately, in this era, we have Bitcoin at our fingertips. 👐💎🍊⚡

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0 sats \ 1 reply \ @economy 26 Mar

It's interesting to see how wealth accumulation varies across generations: Baby Boomers were very wealthy at age 35, while Gen Xers, who are in their 50s, have yet to reach 20% of that wealth. And what about Millennials? We're struggling, with incomes comparable to those of Gen Xers in their early 20s. But the good news is that in this era, we have Bitcoin at our disposal.

0 sats \ 0 replies \ @flat24 OP 26 Mar

I totally agree, and something quite influential was that everything fell apart after the 70s. Curiously, when they implemented the Fiat model, plus the financial bailout of 2008. All that erosion that money suffered was directly transferred to the "Millennials"