I wish you best of luck with the film. I don't want to derail this thread away from its main subject matter but you've made two statements which I always have to SMACKDOWN!!
---- c. There seems to be a lack of understanding of the inverse function that applies to inflation - not all are impacted equally by inflation. A person that owes creditors $100,000 in car, student, home, and credit card loans is not impacted the same way a person that has $100,000 in the bank. If you've loaned somebody $100,000 for 5 years at a fixed rate of interest and a person borrows $100,000 for 5 years at a fixed rate of interest, when some climate of hyper-inflation strikes, the person that borrowed $100,000 can pay the original loan back with vastly depreciated dollars. In a sense, net debtors are significant beneficiaries as old debts become smaller in relation to current wage levels. Young people have debt. As such, young people benefit from inflation as the largest asset a young person has is the future income stream from wages; wages generally keep up with inflation...as such, a young person's most valuable asset, future wages, is inflation-protected while the debt is being paid off with cheaper dollars. While for retirees with savings from past efforts, the savings can be decimated by inflation as they have loaned money out in fixed income instruments. People that loan money for fixed time periods have the most to lose in inflationary climates, not young people with negative balance sheets. Inflation hurts lenders, it helps debtors.
and
Here is another central aspect of my thinking: 99% of the world that wakes up to go to work in the morning makes less than $35,000 per year. If you make $35,000 or more, you are in the top 1% of wage earners in the world. So I consider it extremely ironic to find the world's top 1% in income complaining about the top 1% in relation to themselves and not the world overall.
You might be in the top 1%. Check the calculator:
http://www.globalrichlist.com/I was born in the 1980s in a developed country and for my whole working life wages have never been above the real inflation (i.e the rate which includes the cost of accommodation). For the last five years they've been falling in nominal terms. This isn't the 1970s. Trade unionism is dead and wage slaves have no power to bargain for better wages with so many people unemployed across the developed world.
As for your second point being in the top 1% of earners will also put you into the top 1% of rent/mortgage payers. Being a single pay cheque away from sleeping in an emergency shelter with violent alcoholics and drug users doesn't fill my heart with thanks (not that I'm in the top 1% anyway!!)
Life for a young person in the developed world isn't dire but it's no picnic either.