My wife has NPR playing in the other room, and some real genius is giving out really bad retail investment advice (keep putting into your 401k!).

big oof.

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My bad, it was the Gimlet / WSJ podcast. Bigger oof.

To be completely clear, in case it's not obvious why I'm saying this is awful advice, I think this is bad advice because:

A) Bailouts will likely not be coming for a lot of the pillar companies in these ETFs, and they're all going to need bailouts to survive.

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B) In the unlikely event bailouts do come to all the industries that require them, we'll rack up double-digit trillions in new money minted, which will incite a hyper-inflationary cycle, and your equity-based retirement is worthless.

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