Advantage Quote by Ken Moelis
“A big secular thing going on is technology and deflation. This is where I think millennials are getting that it is an improvement in life, and they're taking advantage of it.”
About This Quote
Source Interview: Bloomberg, 2022
Technology and deflation drive secular change; millennials see it as life improvement.
In simple terms: Tech and deflation create big change; millennials view it as better life.
Key Takeaway
Leverage tech-driven opportunities.
Themes
economics
technology
generational trends
Mood
analytical
forward‑looking
Type
advice
philosophical
When to use this quote
- investment
- career planning
- entrepreneurship
- policy making
Key Concepts
innovation
market dynamics
Questions to Reflect On
- How will tech reshape your field?
- What risks accompany rapid change?
A Different Perspective
Deflation can cause economic instability.
![“I think [millenials] are taking advantage of deflationary forces to improve their life while not maybe having to chase the nominal money that was needed to buy a whole car, a whole house, a whole couch.” quote by Ken Moelis](https://sms4smile.com/quotes/img-quotes/e57/ken-moelis-12513_advantage_i-think-millenials-are-taking-advantage_950203.jpg)
![“As a whole, [changing] is deflation force that is being underestimated. Whether each person thinks of it in the context of the word deflation ... what they think of it is, "Hard to hold my margin. I'm under margin pressure. I'm under sales pressure. I'm under cost pressure."” quote by Ken Moelis](https://sms4smile.com/quotes/img-quotes/f87/ken-moelis-12513_change_as-a-whole-changing-is-deflation-force-t_52134.jpg)
![“Next came the Patent laws. These began in England in 1624; and, in this country, with the adoption of our constitution. Before then [these?], any man might instantly use what another had invented; so that the inventor had no special advantage from his own invention. The patent system changed this…” quote by Abraham Lincoln](https://sms4smile.com/quotes/img-quotes/449/abraham-lincoln-88_adoption_next-came-the-patent-laws-these-began-in_1828.jpg)
