this post was submitted on 12 Aug 2025
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Posted by one of my acquaintances that claims to be an ANCAP but also thinks Fucker Carlson has good ideas, and that trans people and poor people are ruining America. Also worships Elon. I hate these people.

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[–] Bahnd@lemmy.world 4 points 2 months ago

Its a devils bargian if you want to retire. The abstraction of that demented system into index funds and other financial objects make it so your money does not lose relative value to inflation as time goes on (due to the magic of compounding interest). Sorta damned if you do, damned if you dont...