causal
Society is an elegant wealth transfer from young to old
Nearly everything in our society functions as an organized transfer of wealth from the young to the old: Social Security reallocates over a trillion dollars to the wealthiest generation in history, rising college costs and home prices price out the young, and deficit spending borrows prosperity from future generations to benefit current asset holders.
causalpending
Speaker
Scott GallowayEvidence Quote
“everything we do in our society is largely a transfer of wealth systematic organized transfer of wealth from the young to the old”
Created: 6/14/2026, 1:53:19 AM
My Notes
Loading notes...