[HN Gopher] Gen Z have 86% less purchasing power compared to bab...
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       Gen Z have 86% less purchasing power compared to baby boomers in
       their twenties
        
       Author : paulpauper
       Score  : 10 points
       Date   : 2022-08-15 22:32 UTC (29 minutes ago)
        
 (HTM) web link (www.consumeraffairs.com)
 (TXT) w3m dump (www.consumeraffairs.com)
        
       | xqcgrek2 wrote:
       | This is the stuff that can cause or facilitate revolutions.
        
       | jleyank wrote:
       | Well, I spent my twenties (in the 80's) in school, or working for
       | 30K or 36K/year. You can work out what inflation does to those
       | salaries vs. what purchasing power gets you today. Anecdotal,
       | yeah, but it's all I got. And albums cost $4-5 in the mid-70's
       | and I did ok on $20/week for food and stuff in school.
       | 
       | And there was no internet and the only computers filled rooms
       | (but were still fun). One did social interactions F2F, which
       | might actually have been a little more expensive.
        
       | throwayyy479087 wrote:
       | This doesnt pass the sniff test.
        
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       (page generated 2022-08-15 23:01 UTC)