Inflation changed the meaning of a $100K salary

It's not just monetary inflation that has decimated the buying power of everyone who has graduated in the last 10 years.

Housing and rents are sky high as ever

Student debt is a massive additional burden

Healthcare costs have ballooned

Education also has shot up far and above more than the general monetary inflation rate.

There are lots of other forms of pressure beyond general inflation caused by the excessive printing of money including what I listed above.

Recent grads up to early thirty year olds today have a significantly smaller share of wealth compared to the same age group in previous generations.

At least now with rising interest rates there are other alternatives for investments beyond the stock market. Treasury bills are all paying 4+%. Even high yield savings accounts like Marcus are paying 3+%. Risk free.

I'm glad to see the FED pumping them higher. Please don't stop any time soon!

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The Euro and US Dollar exchange rates are about equal, but I think today €50k in Europe gives you greater financial security and higher quality of life than $100k in the US.

(Some) Americans do earn a ridiculous amount of money. I'm at the highest percentiles of income in Sweden and these values seem insane to me.

Inflation is good for some people if they are heavily indebted. Amount to pay back stays the same but wages grow