Previous generations bought in only to have their pensions legislated and gambled away.
Oops!
Trump was making moves to enable the same gambling with 401k’s earlier this year (easily Googled).
Ephemeral value can be wiped away with legislative overhauls. We’ve done this over and over, by bailing on every ephemeral value store, from Greek and Pagan gods, and eventually stocks and Wall Street (barely a couple hundred years old, I’m sure it’ll stand the test of time, ok, sure).
https://www.health.harvard.edu/staying-healthy/blue-light-ha...