The Fed Is Systematically Destroying Social Security And The Retirement Plans Of Millions

The
Fed Is Systematically Destroying Social Security And The Retirement Plans Of
Millions
The Social Security trust fund needs to earn interest
to achieve levels that will preserve it till 2033; with interest rates close to
zero, the trust fun is projected to be depleted ten years earlier – by 2023. By
law, the money deposited in the SS trust fund must be invested in U.S.
government securities, so it cannot just be thrown into the stock market. In
order for SS Ponzi to work, the trust fund, invested in government securities,
needs to produce healthy returns. It won’t; it can’t. Thanks QE-genie Bernanke.

http://theeconomiccollapseblog.com/archives/the-federal-reserve-is-systematically-destroying-social-security-and-the-retirement-plans-of-millions-of-americans