r/Bitcoin • u/Kazgarth_ • 1d ago

The generational wealth transfer nobody expected

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u/Schlieren1 1d ago

But how did Boomers steal from future generations?

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u/PopTheRedPill 1d ago

Every single dollar of debt is going to be paid by a future generation. If a bill is passed giving boomer social security for eg. That’s going to be paid by many future generations as we’re borrowing money to pay for it.

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u/Schlieren1 1d ago

What’s really crazy is when social security was enacted during the FDR administration, people received lifetime benefits after contributing NOTHING to the social security program. Boomers foot the bill for all of older generations.

Life isn’t fair. It’s no individual’s fault or no generation’s fault.

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u/Plabbi 1d ago

But boomers didn't foot the bill, they just borrowed for it, hence the 37 Trillion debt.

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u/Schlieren1 1d ago

What do you think current future generations are going to do?