Yes to all the points below about bonds at stuff, but let's get to the deeper point.
When push comes to shove in a crazy post Covid-19 world, we can care for them without financial gimmicks.
You might have saved up abstract papers and computer database entries your entire career, but what you consume is physical goods made recent to your consuming them. We can ration out those goods to retirees (or bump up social security).
When push comes to shove in a crazy post Covid-19 world, we can care for them without financial gimmicks.
You might have saved up abstract papers and computer database entries your entire career, but what you consume is physical goods made recent to your consuming them. We can ration out those goods to retirees (or bump up social security).