Lol. Just wait until end-of-life care eats away their life savings. There’s going to be many disappointed children who’ll get whatever scraps the healthcare system leaves them after it’s done "caring" for their elderly parents.
Or 60 yr olds getting their 90+yr old parents inheritance and vote conservative for anothe r30 years. If anything were to happen on a generational tranfer of wealth, t would already have likely have happened by now.
Concentration of wealth to those whose spending habits won't change because they've already been living buying what they want. Also elderly care industries drain retirement savings of the single digit millionaire geriatrics
another BS report. old people "passing" wealth through inheritance means nothing because 98% of the time the children will just continue the family businesses and investments. some might use the inheritance money for different kind of businesses and investments but majority will just do whatever already worked for their family in the first place
Don't expect anything lol. My friend's in laws got a 7 figure inheritance and the first thing they did was buy a 100k+ car. They've blown through it in 4 years. Of course they didn't save anything to give to their own adult kid later on
Lol. Just wait until end-of-life care eats away their life savings. There’s going to be many disappointed children who’ll get whatever scraps the healthcare system leaves them after it’s done "caring" for their elderly parents.
Or 60 yr olds getting their 90+yr old parents inheritance and vote conservative for anothe r30 years. If anything were to happen on a generational tranfer of wealth, t would already have likely have happened by now.
The real answer The rest will be taxed up
“the rest will be taxed up” is the most mathematically illiterate thing I’ve seen all day. Gubment just gon take all the rest!!1
Lmao, yep, I don’t feel the need to flash my PhD and articulate sentence structure and grammar for bootlickers on reddit
[удалено]
Selling their family business first. Middle class is gonna get even slimmer.
Some would say crypto is useless bullshit...
Concentration of wealth to those whose spending habits won't change because they've already been living buying what they want. Also elderly care industries drain retirement savings of the single digit millionaire geriatrics
If someone inherits millions of dollars they’re much more likely to put it into an asset with low volatility, aka not crypto.
another BS report. old people "passing" wealth through inheritance means nothing because 98% of the time the children will just continue the family businesses and investments. some might use the inheritance money for different kind of businesses and investments but majority will just do whatever already worked for their family in the first place
Time of Jackals is coming.
Don't expect anything lol. My friend's in laws got a 7 figure inheritance and the first thing they did was buy a 100k+ car. They've blown through it in 4 years. Of course they didn't save anything to give to their own adult kid later on
"Money is flowing from the old to the next old" - FTFY
$31T? In 10 years at this pace there will be 31T alt coins. So like $1 each coin. 😐
at most 50% because uncle sam keeps the rest!
Money is being printed at an alarming rate. Hold on for the crash!!
who's alarmed?
Economists…
alarmed, you say?
Yes. As an economist yourself, would you disagree?
lies and more lies