Yep. But they will, one way or another- inflation or whatnot
“Yep. But they will, one way or another- inflation or whatnot”
I think that we’re all seeing that. And it will get much, much, worse, once we hit the brick wall regarding borrowing.
When that day comes, then our 401K’s, IRAs, and Pensions become nationalized and turned into (hate to say it) means-tested annuities, with the masses determining just how much (if any money) we’ll be allowed to draw from those accounts. The actual cash in those accounts goes straight to the government.
There is already A LOT of talk about this now, and likely by the end of 2016, we’ll be there. So the money will be taken...just as you suspect. It happened in Argentina and Russia (twice there), and MUST happen here.