Inflation-adjusted home prices in China have fallen below where they started two decades ago, and the fiscal fallout is hitting local governments even harder than developers.
Maybe a pension system should be managed that way for inflationary reasons. But money does not exist until the state spends it into the economy. Dollars do not exist in nature.
Increase social security payouts with what?
Yes, everyone should have a pension plan, but you have to pay into that.
No you don’t, money is fake, we made it up.
Maybe a pension system should be managed that way for inflationary reasons. But money does not exist until the state spends it into the economy. Dollars do not exist in nature.