David Friedberg

speaker

826 appearances 1 recordings 1 series first heard Jul 2026 last heard 22 Jul

David Friedberg’s voice in public audio — every appearance, attributed to the second.

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Recordings per month over the last 12 months — 1 in all, peaking in Jul 2026 with 1.

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Sourcery · David Friedberg on the Economic Crisis Nobody Wants to Fix · 22 Jul 2026 podcast

I personally don't love that.

I don't love that America is like suddenly going to become public private.

You know, that's not my free market kind of like belief.

But if they do that, then all of those shares can go distributed to those accounts and we could flip Social Security tomorrow.

into that system and expand it in that way.

And we should do the same for all government employees and get them off of these pension plans.

These pension plans are poison.

The fundamental problem with these pension plans is that they will ultimately end up bankrupting the states or they will become Ponzi schemes where people get screwed because they're expecting retirement benefits and they don't get them.

and they're gonna get bailed out somehow anyway.

They should all be flipped to retirement accounts.

They should all be flipped to 401ks.

Everyone in America should get the same thing.

401k, you own a piece of these equities in America and we all participate together in the growth of America.

And then everyone's incentivized to see businesses succeed.

And then the more you put in,

the more you can kind of set yourself up to transition from labor to capital sooner.

You should have the opportunity to do that.

So, hey, look, I mean, if you want to spend less and save more, go for it.

Throw more in the account and you can retire sooner.

And I think that's what everyone should get.

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