anyway
fiat saving/investing/retirement. is stupid.
put $5k into any fiat investment. and after fiats hypr inflation that will happen once the FIAT government bond bubble bursts and they are demanded to repay the contract rather than the minimal payments.. hypr inflation will make the $5k only buy a loaf of bread for the whole $5k (research zimbabwe dollar)
thats why im sticking with crypto. to hedge the fiat debt/hyperinflation events of the future
lastly. end VALUE of pension can be less than you put in. (use the "how many loaves of bread will that buy me" whn thinking of the future of FIAT savings/retirement plans)
I don't disagree that fiat is inflationary, and as you say, your value
can be less than you put in, but with 40 years of compound interest it can also be a lot more than you put in. It is wise to spread your wealth over various markets - I wouldn't suggest anyone puts
all their savings in fiat, just as I wouldn't suggest anyone puts
all their savings in crypto.