Welcome to European Tribune. It's gone a bit quiet around here these days, but it's still going.
"and if they piss and moan about not having old age pensions, well then they could have fucking voted against politicians who dismantle the public pension system."

You do realise that a great number of them would have done just that, only to end up in a minority because a younger generation had decided that there was no need for a social contract?
Also, many of the politicians who dismantled the system had campaigned on a promise to strengthen it.

There is an issue for people who played by rules that were imposed to them, only to find that the outcome is a collapse. I wouldn't say a working class saver is a hoarder.

Thankfully, there is a neat solution: it's not just the inflation but what causes the inflation. Credit every single person with an equal amount of money (we'd need to find a way to do that for people out of the banking system, and even out of the system entirely, such as hoboes), until the desired inflation is reached. That way, yes, there will be some reduction in the savings pile for people who don't know how to use anything other than the state-regulated savings account, but the effect would be much less than the increase in wealth from the transfers.

For genuine hoarders, not so much.

Earth provides enough to satisfy every man's need, but not every man's greed. Gandhi

by Cyrille (cyrillev domain yahoo.fr) on Thu Jun 5th, 2014 at 02:35:31 AM EST
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