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Comments by "" (@ericp1139) on "Inflation is a long-term risk but isn't inevitable: Leuthold's Paulsen" video.
He’s omitting asset inflation. Homes, stocks, and anything you need to build wealth have skyrocketed out of reach for average people. This guy needs to stop dreaming of a mythical time he thought America was “great.”
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Massive savings today? Who?
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@Mrbfgray according to all available data, you guys are the exception.
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@Mrbfgray you said you and the averages. Who are the averages? What data are you basing on other than anecdotally? You can Google median savings of Americans.
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@Mrbfgray it’s not even hard research. A cursory glance at a Google search will show that most Americans don’t have any savings. Even worse, most are in debt, which means they have less than 0.
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@Mrbfgray that’s nice and all, but my question was aimed broadly. And the data shows the median American is poverty level.
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@Mrbfgray what are you talking about? Platitudes mean nothing. I’m stating the hard data. iPhones and avocado toast arguments are ridiculous.
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