> Pension is a Ponzi scheme. Explained in terms of economic theory, if everybody works and saves in time period 1, and retires and receives pension in time period 2, then... their pension is worthless, because there's infinite inflation, because no more goods and services get produced.
You've created an impossible situation which will never exist and then offered it as an example of why taking care of the elderly, something humans have done since before recorded history, is flawed.
You've created an impossible situation which will never exist and then offered it as an example of why taking care of the elderly, something humans have done since before recorded history, is flawed.
As Bill and Ted would say: Bogus!