Yes, each generation dies off and passes its wealth to the next. But the boomers are an unusual case because they hold a lot more wealth relative to their size. Boomers and millennials each account for about 20% of the US population. But boomers hold 50% of the wealth in America, while millennials only hold 8%. The wealth transfer as the boomer generation dies off is going to be massive. And most of that Boomer wealth is tied up in real estate, which will have a big impact on the housing market when it becomes available.

https://www.nasdaq.com/articles/more-than-half-of-us-wealth-belongs-to-baby-boomers:-will-other-generations-catch-up

https://www.statista.com/statistics/296974/us-population-share-by-generation/

(Gen z Z is somewhere in the middle and I’m skipping over them, as is tradition. They wouldn’t want it any other way.)

To shreds you say

I wish you could send some of your snow over here. I love the stuff, and I usually have to drive to the mountains to get to it.

Also, consider going past the first page on FediDB and picking a smaller instance. I’m not knocking the big instances (I volunteer my time to two of the biggest, after all). It’s just that the whole point of this Fediverse experiment is for things to be distributed. Going by the numbers on FediDB, fully half of all monthly active Lemmy users are concentrated on the three largest instances.

There are a handful of repost bots and automod bots around. If there is no haiku bot or remind-me bot it’s only because nobody has taken the time to write and host them.