Parent says "Pensions are a Ponzi scheme, don't fall for it." While public pensions like social security have certain features of a Ponzi scheme, they can be s

Parent says "Pensions are a Ponzi scheme, don't fall for it." While public pensions like social security have certain features of a Ponzi scheme, they can be sustainable forever, unlike other Ponzi schemes. In fact, they can be more efficient than everyone saving and investing for retirement themselves: https://www.economist.com/news/economics-brief/21727877-final-brief-our-series-big-economic-ideas-looks-costs-and-benefits https://www.economist.com/news/economics-brief/21727877-fina...