Ex-Banker Schools Gen Z On Rigged Money Game—Plot Twist: Money’s Fake

Ex-Banker Schools Gen Z On Rigged Money Game—Plot Twist: Money’s Fake
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David McWilliams, former central banker and treasure trove of bad news, delivered the 2025 roast of a lifetime on Adam Metwally’s podcast: Gen Z and millennials got handed a house-sized disappointment after Boomers and Gen X committed 'a societal crime' by blowing up affordable housing. Spoiler: You can beat the rigged system if you obsess over income, interest rates, and discipline—because money is imaginary. Yes, the $100 bill sporting Ben Franklin is just a pretend badge at this clown show. McWilliams also pointed out October’s 4-4.25% fed funds rate making mortgages, credit cards, and loans more thrillingly expensive, while Donald Trump loudly clashed with the Fed trying to micromanage interest rates. Oh, and remember: sometimes your wealth success was just dumb luck, and your fails probably your own folly. Moral: focus deep, avoid talking stocks with your in-laws, and maybe you'll chill out smartly in this financial jungle.

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Source: Businessinsider | Published: 10/10/2025 | Author: Thibault Spirlet