[Netizen]

One idea I’ve heard of that might avoid the possibility of creating a bubble is to pool all the money in independent “retirement bank or banks” that then, like any other bank, makes money by lending, investing, etc. with the profits being distributed to the various accounts in the bank.

Not keen on this. What guarantee do you have if the bank makes bad investments with your money and goes under? It shouldn't be touched by anyone. jmo

[xzins]

You have to send your money to someone to invest.

A bank making bad investments with your money.

A fund manager making bad investments with your money.

A government agent making bad investments with your money.

An insurance company making bad investments with your money.

Someone’s going to get your money.