The Crushingly Expensive Mistake Killing Your Retirement

[dawg]

11. Well, you aren't right on several levels.

Don't get me wrong, I understand how you feel. And it is true that the stock market is rigged to some degree. But it is not true that it is a Ponzi Scheme.

Selling your stock to someone else is not the only way to make money in the market. Those insanely high corporate profits? A significant portion of those earnings accrue to the benefit of the shareholders. And those dividends are taxed at a lower rate than labor because rich people want it that way.

Also, the Earth is not a closed system. Every day, the Earth is bathed with an immense dose of solar energy, and our current technology is only capable of utilizing a tiny fraction of it. We have also become a space-faring people, which opens up limitless possibilities for growth down the line.