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Given that interest rates are 0.25% and inflation (non-core, the one you'll be paying) is >3% ... what is your alternative ? A pension is the only chance you h
by iofj 10y ago
Given that interest rates are 0.25% and inflation (non-core, the one you'll be paying) is >3% ... what is your alternative ?
A pension is the only chance you have of a decent life when you get old. There is nothing else.
- sbardle 10y agoI'm hoping Basic Income will be up and running by the time I hit my late 60s.
- iofj 10y agoBut the "basic income" proposals are completely unrealistic. The real proposals, generally referred to as "helicopter money" are about just forgiving central-bank owned government debt, then using the free cash to embark on large infrastructure projects. You won't see any of that cash unless you're involved in the building industry.