0 sats \ 21 replies \ @Satosora 7 May \ parent \ on: US Treasury issues 125 billion dollars worth of new bonds this week econ
I thought it was a large trust initially.
I thought they were investing it the whole time the money was sitting?
Wrong concept?
NGL what would they invest in? It not like it a sovereign wealth fund. The whole idea was to have money to pay for the aging out population and the excess was used to prop up shortfalls in government revenue like with the postal service. However they cannot keep doing that so we have an issue of what to do
reply
I thought they would invest in the stock market and everything.
Some percentage in bonds.
reply
I dont think the Federal Government is allowed to invest in itself via bonds if that makes sense. The stock market sounds good but what if there was a crash in today's day and age? The government wouldn't have anything to fall back on at least a pile of cash has value in a depression
reply
Maybe the Fed could create a bond instrument for the government to invest in: You buy our bonds and we'll buy yours.
George W. Bush proposed this and it didn't go anywhere.
In general, messing with social security is a complete non-starter politically.
reply
reply
I think though since the biggest voting block is getting older and they are going to run into well.... either raising the age a couple years or getting their benefits cut in half the idea will become more acceptable. Its only going to be once their backs are up against a wall that they will bend and break
reply
Might be a mass extinction coming up from the covid shots though.
reply
That.... that isnt how those shots worked at all... the side effects were in late teens early 20 year old athletic men anyways
reply
Well...that turbo cancer is taking effect.
Just give it time.
For the people who took three vaccine shot....ouch.
reply
Again... there is no evidence of this and as someone who is immunocompromised I am pretty sure my fellow immuno fucked people would be well aware since our families were the ones who took 3 and even 4
If you are worried about "turbo cancer" look at the food you eat and the water you drink cause that is hella fucked