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Tiago D\x27Agostini
How Money Works
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Comments by "Tiago D\x27Agostini" (@tiagodagostini) on "You Will Never Retire, Here's Why... - How Money Works" video.
The push back retirement age is not ONLY for the issue you describe, but the simple fact that we ARE expected to live some 10 more years than we were 2 generationg ago, that time not producing must be accounted for and it is not small. In my country people complain that that old retirement law where public retirement started at 55 is being pushed to 62. Yet the life expectancy back when the law was created was 61 and now is at 79! That means on average the time you life not producing went from 6 years to 24 years!
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@thelonegerman2314 You are under the illusion that paer money is different. Paper money is not money. It is a representation of something you own. So much that if you pay somethign in cash and they need to return you they can return ANY form of money. They are not demanded to return the exact same pieces of paper you used. Money has been already for some 25 years already just an information.
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