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To: Tench_Coxe
There is no "crisis" in SS/mediscare, while we have a fiat currency system. The ONLY real reason for stories warning us of impending doom in the accounts running out is to give people the impression that these programs are as they have been telling us all our, and our parents, lives.

When the fiat currency finally collapses, SS/mediscare will be gone, and so will the federal debt. Wiped out, clean.

Fiat currencies only last so long, and this one is on its last legs. $1 in 1913 is worth 3 cents today, while a 1913 $1 PM coin today is worth in today's 'dollars' $410.

The good news is, we'll be a lot better off with a PM-backed currency. The BRICS folks are on the right track.

THE NEW US DOLLAR

2 posted on 05/08/2024 4:57:36 AM PDT by C210N (Mundus vult decipi, ergo decipiatur.)
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To: C210N

“if Congress fails to act, the program would have only enough money to pay about 83 percent of scheduled benefits”.....Betting they would have enough money for expanding some stupid “green energy” projects after the SS money runs out though. These people are disgusting.


4 posted on 05/08/2024 5:27:56 AM PDT by oldtech
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