• 0 Posts
  • 13 Comments
Joined 1 year ago
cake
Cake day: February 16th, 2025

help-circle


  • Is US social security not the definition of a ponzi scheme, where new money pays for old money, as they obfuscate the fact its totally unfunded outside of current year debt accumulation?

    Can somebody correct me where I’m wrong here, and why it is sustainable in a rising interest rate environment and aging demographics where debt is more expensive to roll over. It seems to me if you even made it optional and allowed people to opt in the entire system would collapse, as it is entirely unfunded if not for the new entrants into the system, which again appears to be a ponzi scheme.








  • turnip@lemm.eetoMemes@lemmy.mlTrickflation
    link
    fedilink
    English
    arrow-up
    2
    arrow-down
    6
    ·
    edit-2
    1 year ago

    Weird what happens when 40% of the currency was printed in the last few years.

    Are we blaming the government who control interest rates, gamify the CPI to depress inflation, and who control the corresponding new money supply that drives up the price of basic goods?

    If housing, gold, and crypto are any indication people have far too much money than they know what to do with. You’d have to be a fool to not accumulate some cantillon effect for yourself when you’re government is throwing money away.