Here's what the data doesn't say: saving for retirement at 22 has an opportunity cost. Every $7,500 someone parks in a Roth IRA is $7,500 that isn't going toward tuition, a certification, or the thing that increases their income over the next twenty years. I've watched students skip a semester of school to save money. That is not what I would call financial literacy. We have pushed this generation to be savers at the expense of income potential. After 2008, we spent fifteen years telling people that the average American doesn't understand personal finance. We weren't wrong. But the lesson that we taught didn’t focus on understanding your options; it was to save every dollar, distrust Social Security, and never touch a Roth IRA. Gen Z is doing just that."Gen Z isn't saving optimally for the future. They're responding to fears that they won't have one."We also discussed Oman’s budget and strategy, and Alan Greenspan’s legacy. We ended the podcast with an audience question. Thank you for sharing those. If you have more, leave them in the comments. Subscribe to www.DecodeEcon.com• 00:00 — Is Gen Z saving too much, too early? The opportunity cost nobody talks about • 11:41 — The Roth IRA deep dive: tax advantages, income limits, and why personal finance is personal • 13:30 — The Oman case study: logistics diversification, Dutch disease, and the easy dollar problem • 23:35 — Alan Greenspan: moral hazard, irrational exuberance, and the AI parallel • 32:30 — Audience question