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If system is designed to save for your own pension, and system uses your savings for pensions of others then it is a system that doesn't work, not people looking for 'free ride'.

Also, if you want people to have more kids in rich countries you need to find other formula than just pouring money. And it has to be attractive to people, not forced on them.

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All systems work this way. Even systems where you do it all yourself -- invest while you work and withdraw when you retire.

A 2026 dollar and a 2046 dollar are different things. A dollar is a share claim on the productive capacity of a nation. If a nation has less productive capacity because few people had children, that dollar is worth less.

The comment you are replying to doesn't concern inflation and GDP. It simply states the system is ill-planned.

That statement implies that there is a system that is better. There isn't.

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