The Big Short taught a generation the wrong lesson: it microwaved them into romanticizing trying to monetize the red circles, when the real wealth came from surviving them and riding the green.
This is Michael Burry’s fault
Money you've been paying into Social Security has funded current recipients. You're not depositing your money into a personal little SSI account that you draw from later. Future earners are supposed to pay for your benefits. It is literally a Ponzi that is indexed to inflation.
Ansem on how to beat inflation
“With your discretionary income that you have, you have to be investing”
“It’s really the only way to keep up with inflation and keep up with the lack of wage growth across the board, is to be investing”
“I think that’s why everybody, like Threadguy’s done a great job of talking about this, everybody’s gonna be a trader”
“Everybody’s gonna learn how to trade, everybody’s gonna put their money into markets. It’s really how you secure wealth over generations and how you combat inflation”