I agree with you on most of these points but I do want to clarify a few things. Banks circulate money, they don't just hold on to it, and that is good for the e

I agree with you on most of these points but I do want to clarify a few things. Banks circulate money, they don't just hold on to it, and that is good for the economy. Don't get me wrong Banking as a reality is among the scummiest parts of the modern economy, but as a concept they provide invaluable services. To respond to your point about contributing to society, I totally agree that parenting is among the most important contributions you can make to society. But I don't think that you can be a very effective parent without the wold view provided by interaction with both people and knowledge. And this interaction is very difficult to find outside of the university and workplace setting. As a parent you should absorb as much knowledge and experience as possible so that you can pass that on, and your children can build on that rather than wasting time re-learning it. Finally, you are right that welfare allows people without money to live while making basically no contributions to anything. But is not a comfortable life. Anyway my point was less that you shouldn't give your children money because it will make them Deadbeats, and more that you should try to get as much value from each dollar as possible and I don't personally believe that giving all of your money to your children is likely to be the best way to achieve that. I apologize for my formatting. Writing this on a phone.