That’s one of the stated justifications. It’s really all an excuse to create a dependent client class that owes everything they have to their patrons and are easily manipulated
4 weeks ago
Anonymous
Ding ding ding, this. Also as a bonus fracturing the lower classes in general. I don't know if there's anywhere this is more evident than in my own country (Sweden).
Do you think society should spend most of its wealth keeping decrepit boomers alive so they can watch tv at the expense of everyone else? Because that's whats happening.
The pension should not exist. Society should invest in the youth, because they will always be the future. If people want to retire, they need to work hard and save while they're healthy.
Not even israeli. This retirement pension ponzi we have is the reason for so many browns flooding the west
Bullshit
And its not even a ponzi moron
it used to be the kids paying now its state wide
It works, people work 40 years and pay 1/4 of their income to retire 10 years
Its a redistribution you dimwitted morons
In germany for example there is no fund, it literally works that way, woprkers pay 25% of their salery, and retirees recieve that, in real time
This is NOT a ponzi, since there isnt even something invested
Frick off psyoping moron
Why do ((you)) push the YOU WILL NEVER RETIRE line?
Not even an argument why redistribution is not redistribution aswell
4 weeks ago
Anonymous
You are literally a moron who doesn’t understand how inflation plays into your gay little ponzi scheme
4 weeks ago
Anonymous
Kys tard
Inflation has no impact since the money is payed out IN REAL TIME
In germany for example there is no fund, it literally works that way, woprkers pay 25% of their salery, and retirees recieve that, in real time
Retirees always get 25% of all workers money
4 weeks ago
Anonymous
[...]
I can’t believe that your actually this moronic no wonder Germany is collapsing
It exactly works like unemployment payment (and every other tax for a purpose), every worker gets taxes lets say 5% and it gets redistributed in real time.
Retirees are unemployed aswell, recieving through exactly the same mechanism
Would you say unemployment benefits is a ponzi aswell? Since its 100% the same.
4 weeks ago
Anonymous
Yeah taking care of the unemployed is ponzi tier garbage
4 weeks ago
Anonymous
Its redistribution from the productive to the unproductive by definiton not ponzi. But at least you admitting this brings us closer to an agreement.
4 weeks ago
Anonymous
RESDISTRIBUTION IS NOT REDISTRIBUTION BECAUSE OF INFLATION moron THE NEW PAYERS OF THE PONZI ARE SQUEEZED MORE THAN THE OLD
4 weeks ago
Anonymous
NO
Since its just taxes ----> retirees
It works in real time inflation is a non factor
Thats as much anti ponzi how it gets, you can ALWAYS pay out the oldest 20% of your society that way. (that said i think the taxes are too high, etc. but it works )
4 weeks ago
Anonymous
Kys tard
Inflation has no impact since the money is payed out IN REAL TIME
In germany for example there is no fund, it literally works that way, woprkers pay 25% of their salery, and retirees recieve that, in real time
Retirees always get 25% of all workers money
I can’t believe that your actually this moronic no wonder Germany is collapsing
4 weeks ago
Anonymous
>Germany is collapsing
Two more weeks
Also you STILL can not refute my arguments kek >nooo hes right i call him moronic hihi
4 weeks ago
Anonymous
Every German I’ve spoken to is not hopeful about their future pension. Just because you keep sperging won’t stop your workforce from aging
4 weeks ago
Anonymous
>workforce from aging
Then retirees get payed less or need to work longer, but it 100% works non ponzi if you always pay the oldest 20%
>not hopeful about their future pension
Yeah no shit because the government is spending 100s of billions each year to foreigners, southern euros, israel, ukraine, new eapons etc etc etc etc
4 weeks ago
Anonymous
Yeah I’m not arguing with you anymore if you can’t see how all that is connected to the ponzi you’re lost. Have fun with never ending increasing retirement age in Germany though
4 weeks ago
Anonymous
Unemployment benefits are existent since 1000s of years they are NOT a ponzi, and as you admitted, paying specifically old unemployed (retirees) is the same.
You yourself admitted im right
4 weeks ago
Anonymous
The homosexual responding to you is not speaking for Germany. Adenauer ripped us off and I'm already preparing a private retirement fund as to not be dependent on the childless boomer toll, I mean, state pensions. Let the old fricks eat moldy bread for plundering the economy and having like 1.3 kids on average. That's what they've singed up for >t. Bernd
4 weeks ago
Anonymous
You literally pay in real time for boomers if you work lol
And your retirement depends on the children your generation has
Well yes its pretty scammy, but its not a ponzi, it works indefinetely since you always can tax all workers 25% (as long as they dont revolt) and give it to retirees
[...]
Its a redistribution you dimwitted morons
In germany for example there is no fund, it literally works that way, woprkers pay 25% of their salery, and retirees recieve that, in real time
This is NOT a ponzi, since there isnt even something invested
[...]
Frick off psyoping moron
Why do ((you)) push the YOU WILL NEVER RETIRE line?
Not even an argument why redistribution is not redistribution aswell
Kys tard
Inflation has no impact since the money is payed out IN REAL TIME
In germany for example there is no fund, it literally works that way, woprkers pay 25% of their salery, and retirees recieve that, in real time
Retirees always get 25% of all workers money
>https://en.wikipedia.org/wiki/Ponzi_scheme >A Ponzi scheme is a form of fraud that lures investors and pays profits to earlier investors with funds from more recent investors.
It is a literal ponzi scheme and this is the entire reason why you see such incessant boomer distress over population growth. They NEED an endlessly increasing amount of new people entering into this scheme because as soon as the population starts to shrink, the scheme collapses.
This is why they're pushing so hard for every Western nation to accept millions of third worlders each year. There's no grand conspiracy, just a bunch of boomers who know that they won't get paid if there isn't a surplus of healthy young people to steal from.
There are no investors there it is no ponzi scheme
You dont invest, you egt taxes and the money goes in real time to retirees and unemployed
There is also no profit
Why dont you get it, by definition it cant be ponzi scheme
>This is why they're pushing so hard for every Western nation to accept millions of third worlders each year. There's no grand conspiracy
No, thats just the white genocite agenda, they search for every bullshit reason they find. Nice id switch and the same arguments....
4 weeks ago
Anonymous
>they can't be investors because investors aren't threatened with garnishment and jail time if they don't pay in
4 weeks ago
Anonymous
Yes
Thats also why its not a ponzi
"External denominated" as in denominated in an external currency. USD debt can't cause hyperinflation for the US
[...]
False. Roman had "high" (for the time, well below what the US has had since '71) inflation, not hyperinflation
>False. Roman had "high" (for the time, well below what the US has had since '71) inflation, not hyperinflation
Read the article you hypermoron >Although there is no definitive number, economists and historians believe that Rome’s inflation rate reached an all-time high of 15,000% between AD 200 and 300. To illustrate this with an example, one Roman pound of gold was valued at 72,000 denarii coins in AD 301
>surplus of healthy young people to steal from.
Also yes this is true, its a TAX so you absolutely can call if theft. Its just NOT a ponzi. It works forever if you keep taxing all workers with 25% if they dont revolt, if there are less workers retirees get less
they also died in their 30s
had no health care
even the slightest scratch could get infected. you could easily die from the smallest injury
1/3 crops failed and no one had any knowledge about how to grow better
if you fiefdom have a bad year you cod easily starve to death
travelling was non existent. even if you did choose to travel you would face raiders and unfriendly towns who would enslave or kill you
but yea keep spewing the propaganda how much better literal serfs had it.
>they also died in their 30s
no
if you subtract childdeaths people always lived to their 60s
>even the slightest scratch could get infected. you could easily die from the smallest injury
No because people were not weak homosexuals
>1/3 crops failed and no one had any knowledge about how to grow better
that was late mid ages when people got more enslaved, early mid ages people actually lived more of hunt and silvopasture which was healthier aswell
my boomer parents have like 1.5 million in boomer stock mutual funds and earn like 40k in passive income a year, and have a government pension and social security
meanwhile us millennials cant afford eggs.
Look at the present situation - the government is running far beyond the debt levels it can sustain. This requires a change. The present Administration is kicking the can down the road, juicing the markets, as a bribe to the boomers to get re-elected in November. If they can do that, they know they'll be able to make whatever unpopular move they need to because they don't have to answer to voters again. They've already said they'll "raise taxes" next year.
Here's who you tax: people with money. They're going to rug the boomers and steal their 401k gains, because those gains were merely a temporary bribe to get reelection. The markets will rug as soon as the election is done, or worse they'll find a way to tax unrealized cap gains. Whatever they do, they are coming for the boomer money. Take it to the bank.
The boomers don't care. They mostly don't like their kids which is why they haven't given them the money already. They'll just die when the good days are over. Seen it a dozen times.
Fiat suffers plastic deformation not brittle failure, there is no "kicking the can down the road" the consequences of BRRRRRR are felt immediately, see: stock market, housing prices.
The consequences are present but they are relatively limited compared to a true hyperinflation scenario. They believe they can sustain this for short time frame, 18 months type of thing. They know it cannot sustain for three or four years.
The problem is they are not in control of the world financial system any longer. It's over.
4 weeks ago
Anonymous
No. You can't have hyperinflation without external denominated debt, you just get inflation when your debt is denominated in your own currency. This has been going on for 53 years and it can continue for another 50 years
4 weeks ago
Anonymous
Bullish for bitcoin
4 weeks ago
Anonymous
There will continue to be enormous "external denominated debt" in USD. Since it is unpayable the solution is to just print it out of existence after protecting your domestic economy by instituting a local currency.
4 weeks ago
Anonymous
"External denominated" as in denominated in an external currency. USD debt can't cause hyperinflation for the US
This is also not a rule
If the fed prints enough dollar and the government is spending enough you get hyperinflation no matter what.
Ancient rome also had hyperinflation because of money printing, and they had no foreign denominated debt.
False. Roman had "high" (for the time, well below what the US has had since '71) inflation, not hyperinflation
4 weeks ago
Anonymous
>USD debt can't cause hyperinflation for the US
So yes it can just like it did for the romans, print enough and find out
4 weeks ago
Anonymous
This is also not a rule
If the fed prints enough dollar and the government is spending enough you get hyperinflation no matter what.
Ancient rome also had hyperinflation because of money printing, and they had no foreign denominated debt.
4 weeks ago
Anonymous
Forgot Link
https://medium.com/insider-economy/hyperinflation-in-the-roman-empire-and-its-influence-on-romes-collapse-446486dcda63
Kek, im 32 and only have $150k, no debts and no problems ayyy. Dont have to do shit, it's the mindset that makes people losers. There morons in my hometown b***hing about being bored and unable to do things, but they won't change or move to a different spot. They litterally have a poor mindset... anyway I live rentfree in their head
It's a good feeling mane. I'm 27 and have $100k in liquid assets, only debt being my mortgage. Meanwhile my boomer parents couldn't even afford a sudden $1000 bill. They somehow bungled every opportunity they got.
I have never in my life seen a black boomer in a pool…this one is at some kind of local resort drinking a wienertail on a floaty? Who tf comes up with this stuff?
My parents are like this. Except they accidentally got equity in their house so my dad decided to get a DUI, smash up a car, and lose his job in the span of a couple months. So in the end my parents will probably divorce for liability reasons so that at least my mom doesn't lose the house, and they'll come begging to me for money (my other siblings have already cut them off entirely scorched earth mode). When they do, I'm going to lean in and quietly tell them 'no'. I'll list out all the shitty decisions they made in life and remind them that when I was at my lowest they put me out on the streets after threatening me with violence.
Creates a slippery slope of what is defined as having a child and not. Would you refuse pension to someone who is infertile? To someone who hasn't had kids of their own but can adopt/foster? What about someone who didn't have kids of their own but raised their siblings at a younger age when their parents were dead/jailed/incapable? Much like the death penalty you'll spend more money arguing this in court in the long run than just paying out and being done with it.
I have an AI who ll solve the problem
those are 2 Black folk and a israeliternalist!
AGRS / Tau is the only AI out-there, the other sucks
Gen Z cant do a sht, boomers have money, thats a lie
That old btch wants atention
Can people finally get it through their thick fricking skulls that “retirement” is an anomaly Jesus frick man. MOST WILL WORK UNTIL THEY DIE
this israelite gets it! you ll all work to the grave kids!
Not even israeli. This retirement pension ponzi we have is the reason for so many browns flooding the west
That’s one of the stated justifications. It’s really all an excuse to create a dependent client class that owes everything they have to their patrons and are easily manipulated
Ding ding ding, this. Also as a bonus fracturing the lower classes in general. I don't know if there's anywhere this is more evident than in my own country (Sweden).
Hi Shlomo
Do you think society should spend most of its wealth keeping decrepit boomers alive so they can watch tv at the expense of everyone else? Because that's whats happening.
The pension should not exist. Society should invest in the youth, because they will always be the future. If people want to retire, they need to work hard and save while they're healthy.
>MOST WILL WORK UNTIL THEY DIE
Not aboard the SS NEETSHIP I won't. Ahh, feels gut mang!
Not.
My.
Problem.
>currently navigating the oceans of chain hotel eating store brand cool ranch dorito clones in bed at mid day
You know the game NEET bro
Bullshit
And its not even a ponzi moron
it used to be the kids paying now its state wide
It works, people work 40 years and pay 1/4 of their income to retire 10 years
>pay out old investors with new investor money
It's explicitly a ponzi
Its a redistribution you dimwitted morons
In germany for example there is no fund, it literally works that way, woprkers pay 25% of their salery, and retirees recieve that, in real time
This is NOT a ponzi, since there isnt even something invested
Ok so your just moronic
Are you actually moronic
Frick off psyoping moron
Why do ((you)) push the YOU WILL NEVER RETIRE line?
Not even an argument why redistribution is not redistribution aswell
You are literally a moron who doesn’t understand how inflation plays into your gay little ponzi scheme
Kys tard
Inflation has no impact since the money is payed out IN REAL TIME
In germany for example there is no fund, it literally works that way, woprkers pay 25% of their salery, and retirees recieve that, in real time
Retirees always get 25% of all workers money
It exactly works like unemployment payment (and every other tax for a purpose), every worker gets taxes lets say 5% and it gets redistributed in real time.
Retirees are unemployed aswell, recieving through exactly the same mechanism
Would you say unemployment benefits is a ponzi aswell? Since its 100% the same.
Yeah taking care of the unemployed is ponzi tier garbage
Its redistribution from the productive to the unproductive by definiton not ponzi. But at least you admitting this brings us closer to an agreement.
RESDISTRIBUTION IS NOT REDISTRIBUTION BECAUSE OF INFLATION moron THE NEW PAYERS OF THE PONZI ARE SQUEEZED MORE THAN THE OLD
NO
Since its just taxes ----> retirees
It works in real time inflation is a non factor
Thats as much anti ponzi how it gets, you can ALWAYS pay out the oldest 20% of your society that way. (that said i think the taxes are too high, etc. but it works )
I can’t believe that your actually this moronic no wonder Germany is collapsing
>Germany is collapsing
Two more weeks
Also you STILL can not refute my arguments kek
>nooo hes right i call him moronic hihi
Every German I’ve spoken to is not hopeful about their future pension. Just because you keep sperging won’t stop your workforce from aging
>workforce from aging
Then retirees get payed less or need to work longer, but it 100% works non ponzi if you always pay the oldest 20%
>not hopeful about their future pension
Yeah no shit because the government is spending 100s of billions each year to foreigners, southern euros, israel, ukraine, new eapons etc etc etc etc
Yeah I’m not arguing with you anymore if you can’t see how all that is connected to the ponzi you’re lost. Have fun with never ending increasing retirement age in Germany though
Unemployment benefits are existent since 1000s of years they are NOT a ponzi, and as you admitted, paying specifically old unemployed (retirees) is the same.
You yourself admitted im right
The homosexual responding to you is not speaking for Germany. Adenauer ripped us off and I'm already preparing a private retirement fund as to not be dependent on the childless boomer toll, I mean, state pensions. Let the old fricks eat moldy bread for plundering the economy and having like 1.3 kids on average. That's what they've singed up for
>t. Bernd
You literally pay in real time for boomers if you work lol
And your retirement depends on the children your generation has
Social security is a scam.
Well yes its pretty scammy, but its not a ponzi, it works indefinetely since you always can tax all workers 25% (as long as they dont revolt) and give it to retirees
>https://en.wikipedia.org/wiki/Ponzi_scheme
>A Ponzi scheme is a form of fraud that lures investors and pays profits to earlier investors with funds from more recent investors.
It is a literal ponzi scheme and this is the entire reason why you see such incessant boomer distress over population growth. They NEED an endlessly increasing amount of new people entering into this scheme because as soon as the population starts to shrink, the scheme collapses.
This is why they're pushing so hard for every Western nation to accept millions of third worlders each year. There's no grand conspiracy, just a bunch of boomers who know that they won't get paid if there isn't a surplus of healthy young people to steal from.
There are no investors there it is no ponzi scheme
You dont invest, you egt taxes and the money goes in real time to retirees and unemployed
There is also no profit
Why dont you get it, by definition it cant be ponzi scheme
>This is why they're pushing so hard for every Western nation to accept millions of third worlders each year. There's no grand conspiracy
No, thats just the white genocite agenda, they search for every bullshit reason they find. Nice id switch and the same arguments....
>they can't be investors because investors aren't threatened with garnishment and jail time if they don't pay in
Yes
Thats also why its not a ponzi
>False. Roman had "high" (for the time, well below what the US has had since '71) inflation, not hyperinflation
Read the article you hypermoron
>Although there is no definitive number, economists and historians believe that Rome’s inflation rate reached an all-time high of 15,000% between AD 200 and 300. To illustrate this with an example, one Roman pound of gold was valued at 72,000 denarii coins in AD 301
>surplus of healthy young people to steal from.
Also yes this is true, its a TAX so you absolutely can call if theft. Its just NOT a ponzi. It works forever if you keep taxing all workers with 25% if they dont revolt, if there are less workers retirees get less
Wage slavery is an anomaly.
Peasants in medieval Europe worked less than modern wagies, by a fat margin
they also died in their 30s
had no health care
even the slightest scratch could get infected. you could easily die from the smallest injury
1/3 crops failed and no one had any knowledge about how to grow better
if you fiefdom have a bad year you cod easily starve to death
travelling was non existent. even if you did choose to travel you would face raiders and unfriendly towns who would enslave or kill you
but yea keep spewing the propaganda how much better literal serfs had it.
>they also died in their 30s
no
if you subtract childdeaths people always lived to their 60s
>even the slightest scratch could get infected. you could easily die from the smallest injury
No because people were not weak homosexuals
>1/3 crops failed and no one had any knowledge about how to grow better
that was late mid ages when people got more enslaved, early mid ages people actually lived more of hunt and silvopasture which was healthier aswell
>travelling was non existent
Not that i do it now
Cope of the highest pedigree.
What else did tv tell you, coward?
my boomer parents have like 1.5 million in boomer stock mutual funds and earn like 40k in passive income a year, and have a government pension and social security
meanwhile us millennials cant afford eggs.
Look at the present situation - the government is running far beyond the debt levels it can sustain. This requires a change. The present Administration is kicking the can down the road, juicing the markets, as a bribe to the boomers to get re-elected in November. If they can do that, they know they'll be able to make whatever unpopular move they need to because they don't have to answer to voters again. They've already said they'll "raise taxes" next year.
Here's who you tax: people with money. They're going to rug the boomers and steal their 401k gains, because those gains were merely a temporary bribe to get reelection. The markets will rug as soon as the election is done, or worse they'll find a way to tax unrealized cap gains. Whatever they do, they are coming for the boomer money. Take it to the bank.
The boomers don't care. They mostly don't like their kids which is why they haven't given them the money already. They'll just die when the good days are over. Seen it a dozen times.
Fiat suffers plastic deformation not brittle failure, there is no "kicking the can down the road" the consequences of BRRRRRR are felt immediately, see: stock market, housing prices.
The consequences are present but they are relatively limited compared to a true hyperinflation scenario. They believe they can sustain this for short time frame, 18 months type of thing. They know it cannot sustain for three or four years.
The problem is they are not in control of the world financial system any longer. It's over.
No. You can't have hyperinflation without external denominated debt, you just get inflation when your debt is denominated in your own currency. This has been going on for 53 years and it can continue for another 50 years
Bullish for bitcoin
There will continue to be enormous "external denominated debt" in USD. Since it is unpayable the solution is to just print it out of existence after protecting your domestic economy by instituting a local currency.
"External denominated" as in denominated in an external currency. USD debt can't cause hyperinflation for the US
False. Roman had "high" (for the time, well below what the US has had since '71) inflation, not hyperinflation
>USD debt can't cause hyperinflation for the US
So yes it can just like it did for the romans, print enough and find out
This is also not a rule
If the fed prints enough dollar and the government is spending enough you get hyperinflation no matter what.
Ancient rome also had hyperinflation because of money printing, and they had no foreign denominated debt.
Forgot Link
https://medium.com/insider-economy/hyperinflation-in-the-roman-empire-and-its-influence-on-romes-collapse-446486dcda63
Kek, im 32 and only have $150k, no debts and no problems ayyy. Dont have to do shit, it's the mindset that makes people losers. There morons in my hometown b***hing about being bored and unable to do things, but they won't change or move to a different spot. They litterally have a poor mindset... anyway I live rentfree in their head
It's a good feeling mane. I'm 27 and have $100k in liquid assets, only debt being my mortgage. Meanwhile my boomer parents couldn't even afford a sudden $1000 bill. They somehow bungled every opportunity they got.
I have never in my life seen a black boomer in a pool…this one is at some kind of local resort drinking a wienertail on a floaty? Who tf comes up with this stuff?
Black people usually don't know how to swim.
They def aren’t the wienertail on a floaty type at the resort. Kek. Nu-blacks, maybe, but certainly not boomers
How long are they going to keep this RAPE HATCH open?
Fix your skin Arcon
>their kids are going to pay
lmao, boomers think their kids give a shit
Enjoy the public old folks home
My parents are like this. Except they accidentally got equity in their house so my dad decided to get a DUI, smash up a car, and lose his job in the span of a couple months. So in the end my parents will probably divorce for liability reasons so that at least my mom doesn't lose the house, and they'll come begging to me for money (my other siblings have already cut them off entirely scorched earth mode). When they do, I'm going to lean in and quietly tell them 'no'. I'll list out all the shitty decisions they made in life and remind them that when I was at my lowest they put me out on the streets after threatening me with violence.
Then I'll watch them lose every last thing.
Redistribution through taxes =/ Ponzi
Even tho im against it in most cases
Pffffft! Black people can't swim.
Why can't we just refuse to pay pensions to anyone who doesn't have a child?
Yeah makes sense but the answer is the government
Creates a slippery slope of what is defined as having a child and not. Would you refuse pension to someone who is infertile? To someone who hasn't had kids of their own but can adopt/foster? What about someone who didn't have kids of their own but raised their siblings at a younger age when their parents were dead/jailed/incapable? Much like the death penalty you'll spend more money arguing this in court in the long run than just paying out and being done with it.
>"Noooooooooooo! You can't just sell when boomers are retiring and they can't sell yet because it's all in retirement funds!"
Seriously. Why would the market let boomers make it?