Overlapping generation is not going according to plan

COVID-19 dealt millennials the biggest employment hit of the last 20 years — and younger Americans were already at risk of becoming a 'lost generation'

Bad math among the economists assume the generations are continuously overlapping. They are wrong.

They are also wrong about the whole concept of anchoring inflation expectations, that was a bogus assumption.

Net result?

This time is not different than last time except for one thing, the 'This time is different' fraud'.