- Bill Smead, chief investment officer at Smead Capital Management, says there are an estimated 92 million millennials, primarily in the 27- to 42-year-old age bracket.
- “The last time we saw what we call ‘wolverine inflation’ — which is inflation that is hard for policymakers to stop — was when 75 million baby boomers had replaced 44 million silent generation people in the 1970s.”
- “See, what everyone is not including in the conversation is what really causes inflation, which is too many people with too much money chasing too few goods.”
Click to read full article Go back home
Share This Article: