yep the baby boomers are increasing spending as rates rise from ones I’m speaking to, they are loving it
Once upon a time the elderly generation didn’t have much so inflation hurt them but the baby boomers have so much it’s the opposite.
The govt needs to find away to get some revenue off the rich baby boomers, rate rises are only affecting the poor and middle class
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RBA Interest Rates to plummet early 2023, page-2242
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