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State retirement the government simply increases it (as in the UK) For private retirement you buy an inflation linked annuity
by iso1210 6y ago
State retirement the government simply increases it (as in the UK)
For private retirement you buy an inflation linked annuity
- dnautics 6y ago"government simply increases it" print more money, cause pain for everyone who isn't privileged to work for the government. "inflation linked annuity" socialize the risk for big businesses/municipal debt (inflation linked annuities are often bundles of investments that can produce a yield that matches inflations, you can't magically create these things)