The economy is so insane right now for some stuff its cheaper to spend money straight away because the product will be discontinued sooner or later and you can rely on next generation product being worse quality and more expensive.
In the same logic i reason that any money i save will lower in value over time (its purchasing power getting drained trough inflation). So saving money, costs money…
In the same vein, any money not spend at the end of capitalism loses its economic value so as a direct answer to your question. If you where certain of this future, there is absolutely no point on saving up.
However i would not recommend spending all your money purely out of fear to waste its potential value. In general one should aim to spend enough to satisfy the needs of your family and save the rest for backup. If capitalism does not end up fully dying while the world does go to shit the potential value of that little money to buy food may be exponential to the usecase you have for it now.
Is there any point to saving up for retirement if capitalism dies before I’m even 55?
The economy is so insane right now for some stuff its cheaper to spend money straight away because the product will be discontinued sooner or later and you can rely on next generation product being worse quality and more expensive.
In the same logic i reason that any money i save will lower in value over time (its purchasing power getting drained trough inflation). So saving money, costs money…
In the same vein, any money not spend at the end of capitalism loses its economic value so as a direct answer to your question. If you where certain of this future, there is absolutely no point on saving up.
However i would not recommend spending all your money purely out of fear to waste its potential value. In general one should aim to spend enough to satisfy the needs of your family and save the rest for backup. If capitalism does not end up fully dying while the world does go to shit the potential value of that little money to buy food may be exponential to the usecase you have for it now.