At the age of just 16, the Swedish activist Greta Thunberg has become the most prominent voice in defence of both the planet and the rights of her generation. “You have stolen my dreams and my childhood,” she told collected world leaders at the UN Summit last month.
Across the Atlantic, Jamie Margolin, 17, is also making headlines about the environmental and social costs being imposed on young people. I’m the same age, but I’m concerned about a much less visible way in which prosperity is being stolen from Generation Z, loosely defined as the under-25s.
Supported by the increasingly popular ideas of modern monetary theory, policymakers are risking a punitive tax on Gen Z, in the form of high inflation rates in the future.
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