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>Because pensions need an ever-growing population. Why? If a group of people paid into a retirement fund enough to sustain them all, and called it a pension, t
by ChrisLomont 7y ago
>Because pensions need an ever-growing population.
Why? If a group of people paid into a retirement fund enough to sustain them all, and called it a pension, then there is no need for growth.
The problem is not pensions; it's underfunded pensions. There's no reason they cannot work.
- lonelappde 7y agoInflation. It does not matter how much money is in your account if there is nothing to buy.
- ChrisLomont 7y agoInvestment. Stocks have outpaced inflation since the dawn of time.