Most (all?) of the pension funds I described aren’t run by the national government in the US, they’re typically run at the state level - CalPERS, for example, i

Most (all?) of the pension funds I described aren’t run by the national government in the US, they’re typically run at the state level - CalPERS, for example, in California. Teachers, police, firemen are employed at the local level. Given that Medicare for All is a proposed US policy, I think it’s reasonable to scope this discussion to US concerns. Yes, the wealthy have some reasons to worry about it, but it’s silly to say that they’re the only ones with some reason to be concerned about it. Normal retirees on a fixed income and others trying to save for retirement, a house, whatever don’t want their savings completely debased either. And citizens in general probably won’t like the effects if the USD loses its reserve currency status due to lax monetary policy.