Cash Poor, Asset Rich
Most countries in the world operate on a Fiat financial system. With this system wealth can be extracted from its citizens through tax and from money printing. Where money printing is logically the preferred route as it is the most discrete form of theft and most people don’t understand it.
Whenever you see some government offered savings route or retirement route - this is the path they want you to take. Maybe not the best thing for you, the individual.
People are shepherded towards things that Government wants.
One issue is with a lot of government schemes is that they will be tax deferral schemes. With that comes locking your assets in a platform, unable to leave that platform until the prescribed date.
This isn’t freedom.
As fiat systems come to their end of life, inflation will soar - given governments can print away their ailments. People will rejoice at the sight of their ballooning investments. They are rich! Millions of dollars! Tens of millions of dollars! Maybe with the riches they can break free of work, being a slave!
Fear and greed are powerful tools for control
As dominant western societies come to the end of their reign, the economic machine and prosperity come to a halt. The number of people employed by government increases as private business doesn’t have the economic means to hire and grow. For a business - standing still is death as everything else grows in cost. Slowly the value producers (private business) get overtaken by the value takers (government). This shift causes more resources needed for government and increase in tax and money printing. The gradual decline scares away remaining business to more attractive countries. Top talent follows suit.
Division of labor (specialization in jobs) starts to falter and people revert back from wants, to needs. Trickle down economics seizes and people focus on Maslow’s hierarchy of needs - food, shelter. People start trying to insulate themselves from wild jumps in food prices by growing their own food and importing less. There’s not that much that can be done by shelter - that is out of their hands.
Be cognizant of disparity between ones paper wealth and ones day to day quality of life. If it starts going backwards, you need to take action. Live for today, not for the future.
Future promises are a carrot on a stick.