Norway TALK | Social security fund was recharged with trillions by state-owned assets

Something quietly completed in early September: state-owned assets worth trillions of yuan were transferred to the social security fund. The last time trillions of yuan in assets were transferred was in 2021, with the amount being 1.21 trillion.

This is of course a good thing. With the social security fund being enriched, there will be sufficient guarantee for the payment of pensions, which once again slaps in the face those who are bearish on social security. It clearly conveys a message: there are sufficient funds and sufficient methods to ensure the disbursement of expenses, so everyone doesn’t need to worry at all.

I think that those who can buy social security should buy it as much as possible. The situation you imagine where money can’t be paid out is unlikely to happen. If social security doesn’t have money, doesn’t state-owned assets still have money? And state-owned assets are the assets of the entire society. Being bearish on social security is actually equivalent to directly being bearish on the entire social assets, which is meaningless, since you are not living outside of this society.

What’s really interesting here is the question after the entire social assets replenish the social security fund pool, which is how the money is distributed. But on this issue, the media is almost silent, only letting everyone understand it with a few words on short video platforms, and they are all very positive words.

Social assets, enriching the social security fund pool, everyone is talking about ‘society’. Many people see this and may shed tears again, crying again, saying that they are really worried about us. Then you think about it carefully, after the social assets are transferred, how much can you get, how much can your parents get, this is the core issue.

Some people can get tens of thousands a month from it, some people get hundreds a month. I can understand the former shedding tears, but the latter, are you shedding tears because you see others eating well and you can’t help but feel happy? If you have so much love, I suggest you give me a few dozen yuan as a reward, and I can also eat very well.

This is the same as when we issue bonds. Issuing bonds is the debt of the entire society, the debt of every person, because it has to be repaid by collecting your taxes. Issuing bonds is a normal behavior, but the money brought in by issuing bonds can be chosen to be all distributed, or it can be chosen to be distributed in a targeted manner. Building large infrastructure actually belongs to targeted distribution.

So you will see that debts like astronomical figures have brought about the dividends of the times. I think it should be no problem to call this dividends. And you and I can only get the normal wage payment brought about by the dividends of the times, as well as overtime pay when you work overtime, and not being in arrears of wages. No matter how big the dividends are, they can’t stand the people in front directly connecting their own water pipes to the outlet, and it’s not bad if you can get a bite to eat downstream.

If the currency flows down the power system, it repeatedly flows into the pockets of the same group of people. The dividends of the times? No, targeted issuance of currency.

Probably because the fund pool is indeed tight, while replenishing from social assets, it is also plugging the loopholes in the fund pool. I have seen a lot of similar news these days, some of which are unheard of, such as paying pensions to the dead, paying to infants, and paying to prisoners.

Childcare subsidies can be directly deposited into the parents’ cards. For other types of money distributed to everyone, does it have to go through several institutions above?