i have an odd feeling that millennials and zoomers arent actually ever going to see their retirement funds they've built because of some kind event or events that will occur in the next 25-50 years that will have all western governments forced to withdraw and take those funds to pay for thingsand that we'll all be left getting fucked again
No. They'll get it but in nominal terms. Real purchasing power will be affected though.
>>62631881welcome to late stage statism faggots
>>62631884>no. They’ll get itNo, they actually won’t. Humble yourself faggot
>>62631881this is plainly obvious what is happeningthey are letting the entire market go up on purpose to have the biggest crash in historywhy do you think stocks, crypto, trading cards, and all other bullshit keep pumping past fundementalsthey want the mother of all crashes so people cry out never again and implement nwo style global currency
>>62631886It's funny that redditors will still call this "late stage capitalism" as though inflating away purchasing power/literally robbing bank accounts to pay for a failing state apparatus is a byproduct of capitalism.
>>62631894>tfw you're too retarded to understand the difference between nominal terms and real terms
>>62631881All collapses are engineered or allowed by someone.All wars are engineered or allowed by someone.
What event is needed? As long as things continue as they are now, by the time the modern generation is ready to retire, they'll find all their saved money is worth about one month's rent, then they'll be broke and homeless. Who needs an event to take wealth away when it's already evaporating?Really, inflation is a far better tool for stripping wealth from the poor and middle class than any sort of tax or trying to seize the funds. Not only is it impossible for individual people to stop, but it's also impossible to blame on any single person or group. If the government starts seizing money, any government official involved will be blamed and a target. Inflation makes your money worthless? Well, you can protest but that won't accomplish shit. Who are you going to punish for making your money worthless? No one, you can't.It's hilarious how many people are convinced the rich and powerful are planning some dramatic event where they seize power, and completely ignore how they are slowly being made broke and powerless by systems the rich and powerful have already put into position. The top 10% own 90% of the wealth, and have convinced the remaining 90% that the majority of the tax burden should be paid by the 90% in income taxes and not the businesses owned by the 10%.Why would they need to seize anything when they are already winning?
>>62631881Been in the wageforce for a decade now and I've been aware of this day 1 why do you think I'm on a shit crypto gambling board.Nobody will take care of you like they did with boomers there's a reason they're the most spoiled and priviledged generation throughout the civilization of mankind.
>>62631881two news stories from Russia1. There is this company called Kirillitsa that had some patents valued at 115K and then they transferred them to a subsidiary and revalued the patents at 4 TRILLION rubles. That subsidiary called Oil Resurs has a bunch of bonds floating on the Moscow exchange. Just for some perspective: 4 trillion is 2% of GDP or 15% of the whole market capitalization of MOEX. Boggles the mind why they would do this, if you just want to defraud bondholders, you could have revalued it at like 100B.2. Russian analogue of FDIC or the institution that is supposed to pay out depositors in the case of bank failure has had its last head and a bunch of deputies arrested on fraud charges. So uh... deposit insurance? good luck with that, nobody knows how big the hole is
>>62632004>It's impossible to blame on any single person or groupHe says as the globo homo corpo successfully convinced people to turn on the democratic institutions keeping them safe from corporate hegemony
>>62631881don't be sillythe hordes of browns will just vote to take whitey's money when they become the majority because all browns are communists
bank runs aren't a thing anymore. banks literally just print money by typing numbers onto computer screens. nobody uses hard cash anymore, their balance is on their phone. you can't do a bank run on 1s and 0s
I already accepted that fact
>>62631943keep getting poor as fuck pmg nigger
>>62632036>muh democracykek
>>62631881Whats the solution to this? The goverment can always destroy its own currency with inflation. You need to buy something like bitcoin?
>>62631881goodgoyim are cattleyou won't do shit either
>>62631881Same I buy real estate with brokerage money. Only pure long term equities play is in retirement accounta
>>62631881you could cause massive unrest doing this, or you could just print more currency. which is easier?
it's simple, their entire plan is currency printing, so the only way to save for retirement is in inflation proof things. Not that it matters, I am a millenial who has already retired
>>62632048This is partly what i mean though?Like, in the next few decades non-Whites become the majority, and they start introducing new taxes and laws that will specifically target Whites, and it'll be made under colonialism reparation laws, so like if you're White your retirement account will be taxed at a much higher rate, any assets you own handed down to you from your parents, say rentals, will now have rent controlled by the state, since it was gained "unfairly" due to generational wealth, etcStuff like thisI also see massive inheritance taxes and additional taxes around inheritance occurring, of course this will mostly just impact whats left of the middle class, not the actual ultra-elite rich, and the hordes of 3rd world brownoids who mass immigrated to the west will be voting for all this stuff of course, why wouldn't they?
>>62631881>odd feelingthats called common sense dude. kikes never pay what they owe
>>62632016Been gambling solely to escape the wagecage. How am I gambling? Stocks and options. They call it investments but in reality the stock market is nothing more than a ponzi scheme. How can I call it investing in that case?
>>62631881>you vill be bailed-in>you vill own nothing>you vill be happy
>>62631881i have been slowly changing my 401k to bonds and have been buying bits of gold and silver here and there.
>>62631881>ehhhhhh load up some russia fud.. i guess.. vgh
>>62631881I think you are confusing retirement accounts and pensions. Pensions are owned by the government (at least, government pensions are), they can be dipped into by the government just like social security, and both of those are going to collapse. IRAs and 401k's are not pensions, they are not owned by the government, they are owned by the individual, the government cannot take them, they can only subject the owner to penalties on withdrawals. Your idea boils down to>What if the government forcibly confiscates trillions of dollars of private property?And yeah, that'd be pretty bad, but that's not happening without societal level collapse that renders the entire equity/bond market void before they even reach that point.Dunno how this works in other countries, the EU or Australia or something could allow this for all I know.
>>62631943Do you run a monero node by chance?
>>62634205lol. lmao even
>>62634221What's in 401k's are not deposits, the brokerages cannot loan them out fractionally like banks can with money, they are assets.
>>62631881Buy real world assets that the government can't debase or steal. If you buy land, be sure it's got a low tax rate so that they don't jam you up with taxes and then confiscate your land for failure to pay.Silver is stupid because a giant box of it is only worth a few tens of thousands of dollars. The same amount in gold is just a few coins.Bitcoin might or might not survive as an asset. At this point I think it will, but only fools trust it completely. 1 BTC = 1 BTC, but that 1 BTC might buy a pack of chewing gum instead of a house.
>>62631881We need every dollar for cleaned jewish buttholes.
>>62631981Okay take away the entire welfare stateWhat do you have nowOh yeah there's still no jobs because they got outsourced because capitalism means they're going to race to the bottom, import cheap browns and export jobs to cheaper browns and ruin the country
>>62634237correct, brokerages never loan out your stocks fractionally. your 401k holdings are safu
>>62634502Lmao you fell for an obvious scam
>>62634469>I read it on an incel blog it must be true
>>62634205No i am not confusing them actuallyAustralia is actually a good example, its already impossible to touch your retirement account in Australia before the age of 60 unless you have a terminal illnessThey're also constantly adding and increasing taxes on those retirement accounts.Australia has about 4 Trillion dollars in their retirement accounts that the government has full control over and can take any moment they feel like it, and they constantly talk about how good of an idea it would be to start using that money for things.
>>62634532Then move crybaby or don't invest,,,,, shrimple
>>62634535The point is investing in assets that arent centralized to the financial system that the government cant get its hands onThat would eliminate basically everything besides personally owning precious metals or crypto in self custody, everything else like stocks, property or whatever, is held by a central authority that can always take them from you at any moment
>>62634531All of those pure capitalist effects are entirely true, you don't even have an argument against this because pure capitalism is literally a game of maximizing profits and cutting costs
>>62634542Then do that. Why cry about it here if you already know what to do?
>>62634566i am doing itbut 99.99% of people are just blindly sending money to their centralised retirement fund that the government could decide it needs to use at any moment in the event of natural disasters, wars or any kind of blackswan eventsor simply because whites become minorities in their own nations are the brownoid masses vote in massive taxes on retirement funds which are mostly owned by whites
will be big rise in the calls for the day of the pillow
>>62634580So what you are captain save a hoe? Or just a blowhard crybaby doomer? Fact is you don't know shit just repeating incel talking points and spreading Fud like chicken little
>>62631881Are you fucking losers still behind the curve or something? What do you think pmg and all the stackers have been telling you? Why do you think pmg and setf are all stacking money and not trying to accumulate currency?
>>62631981They're idiots who don't even want to cement the definition of words, they want to play with words and make it mean anything they want which is why they can't grasp reality. Fucking retards think this is capitalism when it's anything but capitalism, there is no free market because there is no free market money and you are forced to pay taxes in a debt based currency.Let's face it, 99 percent of people on here won't even know what I'm saying and even less have the desire to level up and understand what is going on. In my opinion, this is the great purge that's coming at the end of the ponzi scheme and only those who have the gold, silver and copper deserve to survive for being forward thinkers and listening to God.
>>62632022Very interesting. Good info, thanks.>>62633924At least you're a honest guy. I'd for sure (not that I ever wanted to) tell people how I got my 'investments' would basically say I've been gambling on the stock market, as well. That's my official story because fuck know how else people could that amount of money by not working daily maybe being some shell company douchebag working at home shitposting all day. >>62634918I'd hate the process of finding a dealer and get fucked by the state every time I do an honest trade. Every time I have to touch their urusy ridden blood tokens I basically feel it's not my money to start off with. And they want to own the social contract behind my move.It's also easier to transport your crapto by remembering 24 words than trying to smuggle a gold ingot through borders if you want to escape the western decline and start a life somewhere more sane.It's crazy to think about the sentiment I get on how optimistic and positive the Chinese working bees look when I watch videos of delivery drivers who work their ass off. They're actually living in very optimistic times by their standards. That kind of optimism isn't found anywhere near those levels in the collective west. We need to be able to deliver on what the promise crypto gave us and their ultimate decline will always be their insatiable greed. So sooner or later anything will look better than the dollar but society will possibly mostly have been burnt down by then or even worse we're simply entering the new commodity cycle and the scam will continue another generation throughout. By the law of trade being executed and built on trust any decentralized token will beat the whims of a centralized authoritarian state like China. I guess gold is a winner in countries like India and China for super obvious reasons too but I doubt the US can survive without a smarter shift in infrastructure no matter how authoritarian it is on the side.
>>62631881No shit lol
>>62631981>capitalism is anarchismLooting the treasury by the wealthy is the end stages of the capitalist state. The use of the state by the capital class to backstop their assets (2008 bailouts, 2020 monetary/fiscal explosion, Treasury buying stock in US companies to pump bags) is a key feature of a system where power comes from capital when it starts to decay. I’d argue that financialization is the end goal of capitalism, where capital no longer represents productive capacity/output but is instead a lever for power within the imperial state. Deindustrializing in favor of “line go up” money changing hollows out the imperial state so the greed of the capitalist class leads to the eventual failure of the imperial state but luckily for our financial oligarchy they have a homeland promised to them thousands of years ago :^).
>>62631881What do you mean? My shiney metal is right here.
>>62631981capitalism like communism can’t really work because of the involved human element. if there is opportunity people will take advantage of it
>>62634469We had capitalism for hundreds of years. We had mass migration for a few decades. Capitalism means the state not interfering in business and markets, competition, and property rights. It does not mean forcing the border to remain open to 3rd worlders, which in any case is a policy of government. Corporations don't actually run the borders in any western country.
>>62635006very hard to actually use for anything. any meaningful amount is too heavy and every buyer is a government cuck so you can’t sell anon for cash which again is needed for food in the real world
>>62635001No, quite the opposite. In a capitalist system bad businesses have to be allowed to fail. The state intervention in bad companies is a feature of post-war liberalism and the mixed economy, or Keynesian economics. This idea socialists have that we are living in "late-stage capitalism" is completely divorced from reality. The reality is that half of GDP in all western countries is government spending. The reality is that large corporations are now backed by the state rather than operating in a true market. The reality is that we force domestic companies to compete with foreign slave labour and state-subsidised industries (China). The reality is that capitalism peaked in the 19th century and has been declining ever since. The problem with being so narrowly ideological like far-left types tend to be is that you cannot make rational observations about the world. If the problem with everything is "capitalism" then how on earth do you expect to solve the problems of central banking and state bureaucracies? Your ideology is spread by elites precisely because it protects those institutions.
>>62635027free markets also don’t apply to housing. the state heavily regulates it so you can’t just build more for the demand and are left with the only component still allowed to work which is increasing prices
>>62635027>Corporations don't actually run the borders in any western country.Cui bono? Who runs the country? Is it Ngubu Bongo that runs these countries or is it the capitalist oligarchy that needs cheap labor and new debt holders to prop up their profit extraction?
>>62635036got me wondering if it’s known how much of microsoft’s profits come from government contracts it has pretty much in every country of the world
>>62635034OP's premise is that the government is going to seize peoples wealth. We're that to happen, I could see the adoption of metals seeing an uptick.
>>62632016>Muh evil spoiled boonersYou fell for the identity politics and are helping them divide and conquer.You've been brainwashed with the propaganda like everyone else.
>>62635036You are too stupid to argue with. Both capitalism and communism are the same materialist, hierarchical ordering of state power along different axes. Once capital becomes concentrated enough it joins with the state and leverages the state to perpetuate itself. This is not different from communist states where the party exists to perpetuate itself and its status as the ruling class in a society. Without a mechanism to prevent the accumulation of capital such that it can “buy” the state, your fantasy of the class with all the power allowing their wealth to evaporate is not unlike commies imagining that under their system the party won’t take advantage of their station as the ruling class. Explain to me, how “true capitalism” will be implemented if the people with the capital have the power. Is your suggestion that this system can work if there’s ideologically pure “capitalists” in power that will just lose their wealth and become penniless gracefully when they fail? Or is your proposition just as flawed as the communists claiming ideologically pure party members will ensure that state power is not abused for personal gain?Once you drop your ideological games, which are promoted by “elites” and “counter-elites” which don’t care about ideology except for how it can be leveraged into fooling midwit dipshits such as yourself into being their foot soldiers, you can start to piece together how these ideologies are only in service to their accumulation of power and status using social maneuvering.
>>62631881>25-50lol, closer to 5-10 years.
>>62635066Its not that they're going out blatantly just say "haha we ruggin"It will be a slow introduction of laws, taxes, and very possible financial reparations for a wealth transfer between whites and non-whites as foreign non-white populations become the majority, they'll be the biggest voting block and they'll 100% vote in laws and taxes to spite whites who built up a good retirement fundThat and government debt payments needing assistance from retirement funds to meet paymentsNone of this is including major natural events or major wars.Can the global economy even withstand another covid style event?
>>62635083Yeah I see it similarly, I still think precious metals are one of the best bets in that scenario, alongside land in rural white enclaves.
>>62632118Look at Sweden. The retirement age is now 67, and projected to be 70 in a decade. One solution is to have you work until you die then there's no retirement to pay out
>>62631881OP's pic makes no sense. If the Russian government wanted more money for the war, it would make far more sense to raise taxes and/or cut social spending and/or just print more money. It would be a far less economically and politically damaging than to seize money in bank accounts. This just seems like FUD being spread in an attempt to create a bank run in Russia.The same logic applies to OP's question, by the way.
>>62632216>also see massive inheritance taxes and additional taxes around inheritance occurringIrrevocable trust avoid the estate tax. Or the upper middle class just set up businesses that pay their kids obscene salaries to transfer the wealth. There will always be ways for the savvy and intelligent.
>>62635027The US had massive amounts of slavery and exploitation of immigrant workers in the 19th centuryYou're such a stupid fucking cultist, you need to be in the oven.
