Not just that, but since they nuked everyone’s pensions and started investing retirement funds into the stock market, it has become both a measure of wealth transfer, and a way to ensure that if the market tanks, the folks with more liquid stock assets could get out first! The workers with their retirement plans are limited in how much they can move assets around.
Which is to say: It’s both a measure of wealth transfer and a giant Ponzi scheme!
Not just that, but since they nuked everyone’s pensions and started investing retirement funds into the stock market, it has become both a measure of wealth transfer, and a way to ensure that if the market tanks, the folks with more liquid stock assets could get out first! The workers with their retirement plans are limited in how much they can move assets around.
Which is to say: It’s both a measure of wealth transfer and a giant Ponzi scheme!