Posted on 06/22/2018 4:14:38 PM PDT by simpson96
It’s because they were told that social security was going to take care of everything.
Perhaps shifting from paying it forward by passing on the family business to spending it all on yourself an let the kids feed on the scraps was not a good plan after all.
Thanks FDR...
Oh my God watch out for the Fellow Freepers!
When the Dow goes from 8600 to 19000 at the same time gold goes from 30 bucks an ounce to 1300 bucks means my dollar put into SS as a young man came out worth a penny today.
Bammy printing billions to give to wall street to buy stocks with vastly inflated the stock market while shrinking the dollars buying power of all forms of savings, The effects will increase for a decade or two before the real market of goods being chased by way too many dollars settles out.
Ah, the perils of being led by fools...
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