We're helping poor people.

我们在帮助平穷的人
We're redistributing things on the basis of lifetime earnings.

我们根据人的一生所得进行了再分配
We're sharing risks between generations.

我们通过隔代人降低了风险
We're all in this together."

我们都在这个系统中
As I said, if the young people have bad wages, then the old get less benefits.

如果年轻人收入低老人受益也会减少
If the young are booming along, making huge wages,

如果年轻人收入很高
then the old guys keep up with them,

老人受益也会随之增长
so there's less--so it's not only insurance,

这不仅仅是保险
but it's less jealousy and less disparity in the population.

更缩短了群众间的贫富差距和妒忌
And then you're protected against long life, you're protected against inflation,

同时还保障了你的长寿抵御通胀
and you can't blunder away your money,

而且你不能任意挥霍你的财富
because you have no choice about where your investment goes.

因为对于这笔投资你没有决定权