Godcast (GOWAD half) on Nostr: The growth demand with a 401k is due to inflation destroying value of saved money. ...
The growth demand with a 401k is due to inflation destroying value of saved money. Ideally, inflation would be kept in check and the dollar you saved at 20 would purchase the same amount of stuff at 70 (or more thanks to technological progress)
I disagree. The attitude that "society owes X, Y, or Z" is how we get infinity niggers. You can make a case that children owe their parents (and I agree), but the notion that I owe someone I've never met or had any dealing with something tangible is absurd.
I disagree. The attitude that "society owes X, Y, or Z" is how we get infinity niggers. You can make a case that children owe their parents (and I agree), but the notion that I owe someone I've never met or had any dealing with something tangible is absurd.