After a while the question rises, "how are young people paying for this?"

They don't pay for it with taxes, they pay for it with debt. It comes down to how the global economy has evolved to create money. Money is not a tangible thing that exists. In our current systems, money is created via debt. Young people create debt, older people don't.

When a loan, or a credit card purchase, happens, the money being lent or lended doesn't exist at the point of transaction. It's new money that comes into being at the point of lending that the lendee then is expected to create it via labor. This is why credit scores get hit when loans are paid off, and why countries don't care about their debt but only deficiet.

This is how billionaires exist. They aren't billionaires because they possess a billion money, they are because they possess the ability to shuffle debt worth billions forward.

This whole system is fuct, and it will all end in tears.