Comments by "antonyjh1234" (@antonyjh1234) on "People Can't Afford to Retire... Millions Are Doing It Anyway" video.

  1. Money does not build up and taxes make money disappear, we are a debt-based economy, money in your bank is all banker debt and is just one side of a ledger. New money is always being put into the system and taxes take it out. Pensions are new money and as long as it is taxed out again the value of the dollar remains the same. If people want pay rises this money needs to increase if taxes are staying the same. Tax, because all money is debt, make money disappear, no govt in the world depends on taxes for its spending. All money you have is bank debt, if you hold it somebody owes it, currently US puts this debt into warfare, other countries put it into health care and pensions and a decent education system, along with decent policing, apparently, this is a choice, but there is no reason for pensions to not exist, so the question is why would a govt stop printing money and putting it into the economy?
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  2. It's a shame that even this channel doesn't correct you or at least ask, do you think the govt will stop printing money or have a need too? Money does not build up and taxes make money disappear, we are a debt based economy, money in your bank is all banker debt and is just one side of a ledger. New money is always being put into the system and taxes take it out. Pensions are new money and as long as it is taxed out again the value of the dollar remains the same. If people want pay rises this money needs to increase if taxes are staying the same. Tax, because all money is debt, make money disappear, no govt in the world depends on taxes for its spending. All money you have is bank debt, if you hold it somebody owes it, currently US puts this debt into warfare, other countries put it into health care and pensions and a decent education system, along with decent policing, apparently, this is a choice, but there is no reason for pensions to not exist, so the question is why would a govt stop printing money and putting it into the economy?
    1