$30 trillion plus-right? There’s that much in our IRA/401k accounts. Problem solved.
> $30 trillion plus-right? There’s that much in our IRA/401k accounts. Problem solved. <
Some Democrat congressman actually floated that idea a couple of years ago. Seize the assets in those accounts, and replace them with 30-year government bonds paying 2% per year.
And that wouldn’t be theft, see? Because you are getting those swell government bonds in return.