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It's a partial ponzi scheme, but it has nothing to do with the system itself, it has to do with what the Fed is doing to our currency. The people paying in are not going to get all of their money back out of it.

The fact that you're going to get a massively debased dollar back for each dollar you put in alone means it's a fraudulent process as it stands today (again due to our government's fiscal irresponsibility). The calculations used for inflation adjustments are about as bunk as you can get for govt numbers. The Fed has managed a catastrophic devaluing of the dollar over the last 50 years, and that's only likely to accelerate given their need to massively monetize our deficits and debts.

I'm sorry, but claiming inflation is fraud is complete nonsense. Inflation is a sign of a growing economy. It is neither good nor bad. It is however inevitable.

It is not related to fiscal irresponsibility. Sometimes it is due too too much demand and not enough supply driving the cost of goods up (prices are sticky) and other times it is due to underlying company costs going up and raising the prices to keep their profit margin even.

In neither case is it the government's "fault." Most governments around the world try to maintain an inflation rate of 2-3%. This is well understood. Don't keep your wealth in currency. No one sane has for over a hundred years even when we were on the broken gold standard (if you think inflation is bad, you should see what rapid deflation caused by a spike in gold demand followed by a rapid drop in demand does to an economy on the gold standard).

A partial ponzi scheme is the same as being half pregnant. I do agree though we have to start being more critical of currency manipulations across the board. We're dangerously close to a pile of monopoly money here. When that facade breaks we're in really huge trouble. (a new dark ages type of huge trouble)

Attempts to store wealth through currency or other assets are attempts to claim a future share of societies output. Since by definition you are asserting a claim into a scenario in which you might not even be present, there is an inherent tendency for such a claim to be weaker than one based in the present. That's just how it is.

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