Kevin Duffy on the millennial bubble

Perhaps it is a rite of passage that every generation must take part in some sort of speculative madness.  Today’s millennials seem ideologically wired to believe in the upward slope of technological progress, conflate virtue signaling with investing, underestimate the economic damage from trillions of dollars of stimulus, and place their unswerving faith in the Fed.

~ Kevin Duffy, "The Robinhood Rally," LewRockwell.com, August 22, 2020