“I have long said that the government will seize our assets...”
If they don’t, they will almost certainly adjust your Social Security payout via means-adjusting. Ants will get pennies, while grasshoppers will get thousands; another example of the government rewarding bad behavior. I stopped contributions to mine because it made no sense to put the money aside now while putting groceries on credit cards; ideally, I’ll have few visible assets (besides the home) when/if I retire...
Agreed. There will be a time when you will be “encouraged” forcibly to trade in your personal savings for some scrip of some kind, and there will be an exchange rate.
If you have a lot of assets, you are going to have a negative exchange rate.
If you don’t have any, your “exchange rate” is going to be a very high positive.
Socials security is a scam, I don’t expect to see any of it. They already have control over that.