[EasySt]

"I know a lot of people in very similar situations. Their pensions were reasonable to start with but have not kept up with inflation. These days in the Obama economy very few people outside of government have any pension at all. With low interest rates and a risky stock market environment this situation is unlikely to improve. "

Seems that Mr. Steele is trying to tell us that this situation is deliberately engineered by the Deep State and that targeted inflation along with funding governments for wars with easy money, are among the primary and essential methods of its power, wealth and control. A tried and proven method, like the funding of Napoleon's war that ultmately bankrupted everybody, except the funders.

[fireman15]

Seems that Mr. Steele is trying to tell us that this situation is deliberately engineered by the Deep State

Yes, he does seem to imply this, and it is possible that there is a bit of truth here. But my father and others have a saying, “Simple stupidity rules the world.” And this seems to be a more universal explanation that covers most of what hppens