Hey I am currently in the privileged position to think about what I do with the money I saved as an emergency fund. Do I put it in an account that gets interest so less gets lost to inflation?
But from my understanding the bank can only pay that interest because they loaned the money to someone that uses it to exploit people labor or extracts rent from them etc.
Where I live saving for retirement is currently not that big of a thing because its something the state manages, but what do folks do that dont have that?
Should anarchists buy stocks or what else should they do with money that exceeds their safety needs?
This is my main plan. Buy land and use it to run eco businesses like organics recycling (taking yard scraps etc. and turning it into compost and biochar); green energy production (solar and wind); and a permaculture microfarm and plant nursery for locally-appropriate plants and trees.
farewell