I am surrounded by boomers saying this that in their day interest rates were at 15% and we have it easy! I’m also surrounded by the younger generations saying this is ‘not the same thing’
Explain to me the reasoning…
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When (early 80’s) inflation was like 11%, I was getting like 16% raises – people these days are getting like 1%, after years and years of other anemic raises.
Back then I was moving ahead despite higher inflation – people these days are just falling further behind. Boomers who say people have it easier now are idiots.
Added: and I got into a well paying career in IT on a 2 year degree and no student debt.
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