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this post was submitted on 14 Aug 2024
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A Boring Dystopia
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Being more privileged members of the working class still doesn't make them part of the owning class.
As long as they aren't stupid, the grandchildren will not need to work. They will be ownership class.
I know a doctor couple with one child and they are nearing retirement. They have about $5m in savings. In 50 years, including inflation losses, that will be $200 million.