Why is Gen-Alpha said to be lazy? Because they were born then.
Why does the boomers have all the assets? Because you were born then.
Nixon closed the gold window in 1971, thus began the era of pure money printing, and thus rapid inflation of asset prices.
If you were lucky enough to get into assets then, you got quite wealthy (comparatively)
Every generation got more screwed after that.
You had a 3 bedroom house. I am sorry that you lost it.
The current coming of age generation is dreaming of a tiny house, or have just given up on owning property. A house, to them, is out of the question. It will cost more than they will make during their entire lives.
So, it is not all boomers, but the boomers own the lions share of the assets (in common circulation). Look at any chart on wealth distribution.
And the banksters are also looking at this chart, and they want their money back.
RE: The Greatest Wealth Transfer = Taking Boomers For Everything They Have?