| I missed your earlier edit. Apples to oranges much? One, that's an incident from 83 years ago. While it was upheld, legally, at the time it's unlikely it would fly today in a political sense. Especially for 401(k) accounts. Two, that was about hoarding. The gold in question was money not moving in the economy. The rationale for the two would be entirely different. You want to stop hoarding during severe economic times because moving money means jobs, manufacturing, etc. Sitting money does nothing. Money in a 401(k) is invested money. It's at least moving in the markets, or purchasing government bonds. Three, see my other post. By the time shit gets so bad the fed needs to consider this option, things will be bad enough that those accounts would be worthless. Four, forcibly moving money out of the markets like this would necessarily cause massive problems. Do you really think any government with half a brain would do this? Five, this is literally the people's retirement savings. These accounts exist so social security doesn't have to be expanded. Removing them introduces a major burden on the nation as the population ages, now without their retirement savings. Six, if you're really this fearful you need to live on a farm off the grid. There's no other way to be prepared for the apocalyptic future you see. |