To: Svartalfiar
98 posted on
05/31/2022 8:25:35 AM PDT by
cgbg
(A kleptocracy--if they can keep it. Think of it as the Cantillon Effect in action.)
To: cgbg
“built up reserves”
There are no reserves.
There is no fund.
Welcome to the real world of Social Security:
I am fully aware of that, and it is mentioned in this conversation. SS Does have a fund, it's just not funded. All the dollars are kept track of, the dollars just aren't kept. So if you look only at the numbers, and ignore the dollar signs, you can get a picture of what it is, theoretically, doing.
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