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A comment on Gold Prices Top $4k for First Time. Parent comment
All of inflation-adjusted US spending growth has come from those in the top 20% income bracket ($175k+) and especially the top 3.3%.
So not Boomer spending, but wealthy spending. (Which overlaps but isn't completely the same thing)
[0] https://fortune.com/2025/09/17/economy-reliant-on-wealthy-co...
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All of inflation-adjusted US spending growth has come from those in the top 20% income bracket ($175k+) and especially the top 3.3%.
So not Boomer spending, but wealthy spending. (Which overlaps but isn't completely the same thing)
[0] https://fortune.com/2025/09/17/economy-reliant-on-wealthy-co...