So social security runs out in 2032. Few people are talking about it now, but it will be the defining issue of the next admin. Money printer is off the table. The only options are higher taxes, higher retirement age, or less money for the elderly (which is the default option if congress doesn't act)
>>535349621It doesn't run out of money in 2032, it will have to start making reduced payments.
>all that money you gave us that we promised to give back to you is gone sorryWhat a fucking scam
Ted Cruz already told people that the trump kid's account is a way to get people's feet in the door for forced savings vehicles instead of defined benefit vehicles, like what Dubya proposed (IMO correctly). I actually had ai model some of the returns associated with defined contribution vs defined benefit plans and you could have gotten away with some dumbass retard shit if you had been able to contribute to defined contribution instead of defined benefit: https://grok.com/share/c2hhcmQtMg_0890aea1-5cf8-44c2-ae43-a65e1b96b040the most retarded possible ideas like selling the entire port at the lowest trough of the 2008 crisis to put it all in annuities. Still better than SS
>>535349621They need to tax rich people and close the loophole where they borrow off assets and live off the loans
>>535350401>close the loophole where they borrow off assets and live off the loansnah don't close that part off I'm working on that right now
>>535349621AOC believes in MMT so money printing is NOT off the table.
Why is social security the ONE program that has to be entirely funded by payroll taxes? It would be like if the department of defense had to get its yearly funding from the spoils of conquest.
>>535349621>The only options are higher taxes, higher retirement age, or less money for the elderlyI can think of one or two other options
>>535349621they could you know, stop fucking borrowing from it like the retards they are.
>>535349778Easily the biggest ponzi scheme in history
>>535349621Social security sucks balls. My dad gets like $1000 a month.
>>535350743Aside from the USD itself
>higher retirement ageIt's already 70
>>535350840At least we've been able to use USD. We will end up paying into Social security for decades and get exit scammed by boomers who bought their house for $10k and is now worth $2M.
here's my retirement plan
>>535349778>>535350743You can get a religious exemption for Social Security. It's popular with the Amish here.
>>535349621George W Bush was right to propose a system like AustraliaOf course, the eternal boomer kvetched that it was a literal old fuck holocaust, so it was killed
>>535349621They'll devolve it to the states before they do any of that shit.>rich states continue on, no changes.>poor states will do all that unpopular shit.Congress gets away scott free.
>>535350840The borrowing that devalued the USD was largely for SS and Medicare
Just increase the cap so people making more pay more. I'm also fine with tax changes being the world back in the higher tax rate days was a near utopia for working class. The whole single job for a house, car, wife, kids, pension etc. Endless Corp and elite tax cuts hasn't help the other ninety percent of us. Make stock buy backs illegal again too..
>>535349621Money never existed lil bro. You all hallucinate value, value that was absconded and delegitimized anyway through corruption. So the system itself doesnt even exist. But it never did. So either you do right by others, or you don't.
hey uncle samWHERE'S MY FUCKING MONEY ASSHOLE?FUCK YOU GIVE ME MY FUCKING MONEY NOW MOTHERFUCKER FUUUCKKK YOUUUUUU
No. Simply lift the cap. That's right, the rich pay less INTO the system - you're capped at something like $111,000. so those earning less pay a higher percentage into it. This would raise hundreds of billions a YEAR for the fund and payouts could increase.Further, a tax on total wealth for the rich would add well over $1 trillion in revenue each year to the general fund.
>>535349743It runs out of money...to meet obligations
>>535349621They need to start cutting off boomers who already have pensions or retirement savings. No reason why somer migger trash should get social security checks after 65 if he's renting out shit boxes for 3X third actual worth
>>535349621The solution is obviously default on the debt. But that's not going to happen, so its civil war
a democrat will win in 2029 and immediately raise taxes on millennials, who already eat shit but will never violently revolt. They will talk about "making up for it by fixing student loans" which is functionally useless for a generation in their 30s/40s. Boomers will then say "oh that's what you get for voting democrats" though the boomers will also support the democrats because it ensures they got theirs. Everything will keep getting shittier and people will talk about how they've got an onlyfans, an etsy and two jobs at two different datacenters as a security guard stopping antifa from attacking them and consider this entirely normal. Security guard positions after 2035 will require a bachelor's degree in security.
>>535351063what's even better is that the boomers will say they deserve it and you're entitled for thinking otherwise, even though it's their fault that ss is going bankrupt. And they will also pass laws requiring kids to take care of their parents.
>>535349621use data centers to fund social security and watch everyone turn pro data center
>>535352706>Further, a tax on total wealth for the rich would add well over $1 trillion in revenue each year to the general fund.Your post was non-retarded until you reached this point. Even if 'tax elon's trillion' sounds good and he should be in jail anyway, you cannot tax stocks that do not have liquidity backing them without totally fucking the market and I will also rape you.
>>535353794At least Democrats will actually do something. As we've seen with Trump, the Republicans will just go trillions more into debt than the trends we saw with Clinton, Obama, and to a lesser extent Biden and make it worse. Democrats are the only party that has the potential to be fiscally responsible in practice.
>>535349621The only solution is to remove entitlement inflation protections, drop rates and let inflation rip for like 5-10 years.>>535349743>>535349778
>>535349621GoodIt'll give those boomers and xoomers the chance to pull themselves up by the bootstraps and prove they still got it.>"Why... a lot young people need multiple sources of income to get by; all you need is part time job to help you stretch out your retirement savings. you just got walk in an ask to speak to manager."
>>535353794Lmfao. The defection rate is already off the charts. The yields are going to spike, one failed bond auction and the USA collapses like the Soviet union
>>535350609Political decision. FDR wanted to counter accusations that it was a welfare program instead of a pension and thought setting it up that way would also guarantee that people felt like they were obligated to receive it after having paid in, making it impossible for the Republicans to ever fuck with it. Which he has so far been right aboutOf course people who pay near the cap of 180k or whatever it is now subsidize the shit out of the benefits of people who scraped by on minimum wage their entire lives, who receive far more benefit proportional to their contribution, so they should just scrap the caps, tax more forms of income, and set it up so that once you've contributed ~$10,000,000 you get an extra $100 added to your monthly check for each additional million after that
>>535354612Taxes don't solve 40T in the hole, and if we take the hidden liabilities and entitlements on top we get to something around 70-100T in the hole.Its game over, the question is only, this year or next year
>>535354612>once you've contributed ~$10,000,000WTF are you talking about? The vast majority of Americans will never get near 10M for lifetime personal income.As it stands right now, the more you put into te Fund, the more you get out.If you labored in a minimum wae job for a decade, you are not going to get very much after your retirement.Cash under the table is cancer.
>>535349621massive die off incomingby 2032 USA population will be less than 50 million
>>535354872Just kiss your "contribution" good bye. When the Soviet union collapsed its ponzis that served as carrots on a stick for the silent gen retards died with it
>>535354612I'm one of the rubes that max out my ss contributions every year, and I guess I would rather have them raise the cap so I actually get anything back one day. Since I'm assuming just scrapping the whole thing is off the table
>>535354986>He pays the max into a ponzi that has been factually bankrupt since the mid 90sReeeeeeeeetard
>>535354877why didn't the dieoff happen last year
>>535355070They're taken out by payroll you neet
>>535353963Oh you mean like they did something in 2009 and 2020 or are you saying "doing something" as in raping my ass with taxes to fund boomer social security is a good thing? Faggot nigger.>fiscally responsibleThe house controls spending, you absoltue 80 IQ faggot. All massive bailouts have happened with a Democratic house. All fuckery like 0% interest rates under Yellen were democrats. You ever utter those retarded words near me and there won't be a (You) anymore.
So? It's a 90 year old obsolete campaign talking point that got out of control and actually became a program. 5 phase buyout 70 and older62 to 70 higher contributions to 401k and two lump sums after FRA of 67.50 to 62 max 401k contributions higher and a tax credit that goes directly to 401k.30 to 50 designated retirement tax credit up to certain income. 18 to 30 10k extra 401k contributions14 the age you can legally work w2 the 401k thing they have for people that don't have one now with a 100 buck govt boost. Trump bucks for babies is already a thing. Perhaps parents get a tax break if they start a retirement fund for their kids not eligible for Trump bucks but not yet 14. Kill social security, end the program, distribute what's there and shut this obsolete abomination down. It doesn't fit in modern society.
>>535349621Old people will just have to gamble with Russian Roulette, it's fine.
>>535349621I think anyone that is a first or second generation immigrant should have to pay in but not be able to draw. That's how we fund it for those of us paying into it.
>>535354986the president and his family are running crypto scams on his followers lmaotheyre in the looting phase of collapse.
>>535349621>So social security runs out in 2032.Imma need a source on that, chief.
>>535349621maybe stop giving ukrainians bombs in exchange for Hvyrnia and spending oil to steal oil would be a good start.
>>535355565They would be doing that without an imminent collapse too howeverbeit, Trump has been fleecing rubes for decades
>>535354611>The defection rate is already off the chartsNo, it isn't. Most of us are trapped here.
>>535350401I’m sure you mean well and I wouldn’t mind rich people paying a even higher amount of tax, even if they pay the vast majority right now of all tax, but the biggest issue is if you don’t stop spending nothing matters.Democrats raise the taxes, spend too much, give the money to jews and blacks. Republicans cut the taxes, still spend too much, and give the money to jews and the rich. Your tax the rich argument is a valid argument, it still won’t work with out fixing the core problem of spending too much.
>>535349621Gonna have ta kill some goy
>>535354986SS contributions are done at a specific rate and can't be adjusted. Are you talking about 401k/IRA?
>>535354872>WTF are you talking about? The vast majority of Americans will never get near 10M for lifetime personal income.That's what I'm saying. If you earned the cap for 35 years and retired at 65, you'd get around $50,000 in annual social security benefits this year. But someone who made 25% of your career earnings gets around 40% of your earnings ($20,000).How do you think they're making it disproportionate like that if it's supposed to be pay-in, pay-out? They're subsidizing it, taking from the rich and giving to the poor. Except in this case the "rich" is artificially capped to just being some upper-middle class schlub. So I say expand the pool, force Jamie Dimon to contribute 10,000x more than the guy in the above example at the current cap, and then give him a $100,000 check when he retires. Maybe throw in the government equivalent of a Youtube play button so he doesn't feel too ripped off.
>>535355709Defection rate as in not declaring income, not paying taxes, minimum consume, shadow economies...
>>535355248>Doesn't freelance>Doesn't moonshine Cuck. Kiss your contribution to a bankrupt ponzi goodbye
>>535355780>Taking from the richAhahahahahahahahahaha No you retard the entire thing is 100% deficit financed through public ponzi bond emittance. The date in OP is just when the deficit financed ponzi can't even be financed with over rolled uncovered debt and inflation
>>535355213TRUMP postponed it kek
>>535349621>higher retirement ageThey've shot it up to 74. We aren't getting social security.
>>535356072No, Trump fucked up. He had one year to just default on the boomer debt ponzis and restructure without it being an issue, instead he loaded a bunch of more debt on top with his inflation bill. He missed the time window. A default now is equal to the collapse of the Soviet union
First off, no social security won't "run out" it is fully funded for the next few years. Second, when that funding is no longer full, there will be cuts to the amount of money received each month by beneficiaries, not an end to the program entirely. The reason for this is there is a cap on the amount of taxable earnings for social security. That cap right now is $184,500Think about this for a second and you will understand how retarded this is. Elon Musk, a man worth in excess of what, close to $700+ BILLION DOLLARS is paying in the SAME EXACT AMOUNT into social security each year as a person earning $200k. Yes, that's right. Billionaires and multimillionaires are paying in the SAME EXACT AMOUNT as a well earning person earning 185k in salary. How is that fair?Don't you see how easy the solution to keep funding it fully forever is? Tax the rich more. They pay more into social security by having the cap raised to like let's say 5 million dollars or some shit like that, so everyone earning up to that amount is paying in a lot more into the program, thus funding it completely for a much longer period of time.
>>535349621>Money printer is off the table.kek as if the currency doesn't belong to the fucking citizens>lazy skimmers dread real price discoverytick fucking tock
>>535349621When is peak boomer death?
The current destruction and subversion of the United States by the Federal Reserve using:-QE (IORB and RRP) to counterfeit our currency and undermine its value-MBSs to acquire land and buildings-Congressional Public Issues for deficit spending to destroy the futures of the nation and the youth-the Intragovernmental Debt system to skim off of GAS treasuries & the non-marketable government securities of US savings bonds, SLGSs (special securities issued for states & cities) & large government retirement funds such as the Thrift Savings Fund (managed by BlackRock), etc.-their repo casino to pawn treasuries & undermine long term investment-reverse repos to pay MMFs to NOT invest in the US economy-metal market rigging via paper contracts to keep the prices of silver & gold low-margin loans to fund risky hedge funds & family offices that endanger our global economy-FX market rigging to check kite at their other implemented debt-based central banks-the US taxpayer to fund the Ukraine war & steal its resources-their authority to undermine innovation in crypto-inflation to destroy the middle class-interest rate hikes to kill off more small banks-China investment to undermine the US & global stability-regional bank vulnerability to target entire sectors-its clout to protect its largest primary dealer, JPM, from prosecution for aiding & abetting sex trafficking at the highest levels of government, industry & finance ***********************-their Sect 13.3 emergency powers to misallocate capital, reward failure and acquire assets during their avoidable, engineered crises using SPV (Special Purpose Vehicle) LLCs-conflation of their increasingly-WORTHLESS Federal Reserve Note with the US Dollar (which is a fucking UNIT), thus destroying the value of a US Dollar on the world stage and threatening our global economy and national securityWe need to dissolve the Fed, nationalize its 12 regional Federal Reserve bank franchises and AGAIN ISSUE debt-free US Notes.
>>535356256Nigger, the boomer might have eaten that shit up, and kept slaving like a retard for 40h week and do his contribution into a ponzi like a cuck that has been bankrupt for 40 fucking years. Millennials and zoomers let alone alpha are not going to cooperate.You niggers want real civil war. Yugoslavia style. You are going to get it
>>535349778Worse>israel needs it more so we are letting grandma starve
>>535355777No, by 'max out' I just meant that I make enough money that eventually they stop taking the contributions out. Last year I think it was after you make $175k or so, which is like $11k to SS, but it goes up every year.
>>535356420You are the biggest cuck imaginable. Paying into since 40 years bankrupt pay as you go ponzi. You gonna get nothing back. Lmfao
USA's money supply is theoretical. the federal gov has run a deficit for a long time, its massive, but its also just an idea. there's nothing backing it. so you cant run out of an idea, the thinking goes
>>535356493It requires cooperation, trust and a population that grows faster than the deficit, else the risk goes toward infinity and those yields are no refinancable That's exactly how the Soviet union went belly up
money doesn't exist.Fiat is worth whatever the government pretends it is. It is paper tied to nothing but kike lies.
>>535356493>the federal gov has run a deficit for a long timekekKek, guess when Epstein and Bill Clinton and Larry Summers (the US Treasury Secretary 1999-2001) were all hanging out together on this chart? the late 90s- early 2000's, that's when:>bill clinton was pres>larry summers was treasury secretary>when Clinton counted Social Security twice and everyone thought we had a surplus>when they repealed Glass-Steagall b/c everyone thought we had a surplus for THE FIRST TIME IN 100 YEARS (pic rel), but that turned out to be a fucking lie, toowait until i update this chart lol
Iran might get a nuke bro
>>535356615>Fiat is worth whatever the government pretends it is.no'fiat' isn't the problemWHO IS ISSUING the 'fiat' IS THE PROBLEM and that the Fed's private fiat IS INTEREST-BEARING is the fucking problemFIAT, CREDIT-BASED INTEREST-FREE US NOTES ISSUED BY THE US TREASURY WORK FOR THE PEOPLE AND ARE INTENDED TO BE AN INTEREST-FREE TOOL TO FACILITATE COMMERCEFIAT, DEBT-BASED, USURIOUS, INTEREST-BEARING FEDERAL RESERVE NOTES ARE FUCKING BORROWED FROM THE PRIVATELY-INCORPORATED NY FEDERAL RESERVE FRANCHISE (PIC FUCKING RELATED) AND ONLY ENRICH THE NYFED’S PRIMARY DEALERS AND THEIR CRONY/POLITICAL ILK AND ENSLAVE THE POPULATION IN BOND DEBT Fiat is given value BY A NATION'S CITIZENS.If the nation's treasury is the one issuing it, fiat is not a problem.
>>535356672Doesn't matter. Its not the fucking 80sThe US had one year to default and restructure and it missed the time window
>>535351098If you are going to shoot yourself someday, at least have some class and use a proper shotgun that's worthy of the task. Have some dignity, sir.
>>535356488You're telling me. I paid over $70k in taxes not including the SS shit or property taxes, which are also crazy where I live
No one born after 1980 will retire.
>>535356723Well, at this point, actually since November 25, its not going to enrich anyone. The US either goes Soviet union and that means the world goes Soviet union, every single nation of the globalist ponzi, or the US goes Yugoslavia. There is no other option anymore. And contrary to the Soviet union, the ponzi players have no place to flee with hard currency because there is non
>>535355711Oh trust me, I totally agree with you. I dont think taxes solve anything by themselves. I dont trust the government with the money. When tax rates were higher the country was much more prosperous ironically and they didnt just "pass it on to the consumer" its all so jewish now we are fucked.
>>535356801Yeah, you are a cuck, an idiot, a retard, the greatest fool quite literally
>>535356723That's a whole lotta word salad just to agree with me.
>>535350401You anti-Semitic POS.
>>535356827So you are able to see the future. That's the beauty about failing states, during the failing if you have no moral scruples and are fine with doing business with a gun, you can make out like a bandit. How do you think the Russian oligarchs came to life.
>>535349621>mfw watching last boomer relative burn through a social security check that's more than twice my monthly pay from a 5 day a week job>mfw knowing that money simply won't exist for me to collect when I'm old despite my pay being garnished for the fund right nowAt least a robber points a gun at your face, there's something more honest in that.
>>535357311Then just do that. The average leo desk sharter is 59, the IRS is not even slightly able to catch 5% of tax evaders. Get a gun visit a boomer and give him a choice, bullet in the head or signing a contract
>>535356921>word saladmy posts do not appeal to lazy or stupid people>>535356882>There is no other option anymore.lots of optionsnations could issue their own sovereign currencies the Fed has fucking failedparty's over
>>535349621Means testing
>>535357474What nation? The treasury that shitted out uncovered debt for 65 years. You stupid fed shizo really don't get that the trust capital is gone, that nobody has an incentive anymore to cooperate with legacy boomer institutions or its laws. Its done. Over. USA and global ponziconomy bye bye
>>535356615i didn't agree with you eithermoney DOES EXISTand FIAT is the quantification of citizens cooperating with each otherno one fucking agreed with you
Oh, wow. What is gonna happen to my fake social security number I bought in Westlake?
>>535357562>You stupid fed shizo really don't get that the trust capital is gone,you fucking idiot the only thing that is gone is the fucking Fed's credibilityyou stupid austrian foolas if austria isn't in pic rel, as if you are on the outside looking inPIC FUCKING RELATED:The Bank Of International Settlements (BIS) is the head of all debt-based central banks (and founded by JPM) and was created in 1930 under the Versailles Treaty to get money from Germany for all the nasty shit they did in WWI.The Federal Reserve and the Bank of England existed way before the BIS, the BIS morphed into their central clearing house and check-kiting hub for the first fractional-reserve, fiat, debt-based central banking schemes run in a few countries and then expanded from there to installing its central banks in over sixty countries. Pic relatedNote Iran, Iraq, Cuba, Syria, North Korea, Afghanistan, and Venezuela are NOT on the list lolNote China IS ON THE LIST>China begged to be in the basket of currencies under the IMF and BIS in 2015 and the yuan was finally used in 2017>only took the NYFed four years to get China bent over the table>DamnNote Ukraine is NOT on the list, as it was a 2014 freshly-installed regional NYFed bank branch, it was still on probation Russia is looking to get off the list.The NYFed is similar to a space ship in sci-fi movies that hovers over nations and sucks up all the resources, slowly orbiting the planet. Note that the NYFed and the Fed Board of Governors were just added as SEPARATE ENTITIES to the US on this list
>>535357790Boomer, who is going to buy the bond ponzis of a treasury that nobody trusts? Yeah the fed lost its trust, so did the geriatric boomer institutions.
>>535357449I wouldn't even be angry if he simply spent it wisely, which he could do and be left with hundreds of dollars by the time the next check arrives. Instead he goes out of his way to buy mcdonalds frequently, the most expensive processed foods (at stores with the highest prices, for no reason), and sends money out to whatever random fake charity sends him junk mail this week. At the end of the month he's got like $50 left at best, but refuses to utilize a local food bank (which is overstocked constantly compared to demand) because "I'm not poor".I could make that check last two months, not 3/4 of one, EASY. I don't know how people raised by Depression era survivors got so bad with money, their parents reused fucking tinfoil and kept herb gardens for god's sake.
<<<<------LOLOLOL>>535357562>USA and global ponziconomybest fucking thing to ever happen to the US would be to isolate ourselves for ten yearsThe Federal Reserve Note being the fucking reserve currency BENEFITS EVERYBODY BUT THE US FUCKING TAXPAYERwe get fucked in every measure by the BANKRUPT FEDERAL RESERVE NOTE being the reserve currency:>our currency and LABOR is devalued year over year>we borrow our currency from the private, incompetent, usurious, bankrupt Fed >the whole world holds us hostage for debt, while we hold little to no foreign debt>never-ending increases in taxes to pay the private Fed's interest in its debt-death spiral>the incremental destruction of the value of our labor and purchasing power>trade deficits>kek paying out hundreds of billions in NYFed's QE policy of IORB to NYFed primary dealers and foreign fucking banks>degenerate gambling debt traders milking currencies with carry trades with other foreign debt-based central banks (also fucking their own citizens and hoarding reserves)>creates inflation via maintenance of a huge debt pool of securities in the NYFed SOMA that enables NYFed gambling, front-running and market rigging>enormous deficit spending due to the disadvantage of paying taxes on the huge pool of trreasuries needed to maintain the Federal Reserve's debt death spiralholy fuck that's just off the top of my head
>>535357980fucking kek
>>535357970Stop adhering to a dead social order and just act rational, break the boomers legs, put him in the trunk, drive in forest with a hole and put him in it for an hour, than hand him a contract that has him sign everything he owns over to you. That's how business was done in Russia in the early 90s>>535357980Boomer, your mistake is to think that anybody but you fucking loyalist to the idea of nation of geriatric ponzi playing cretins has any incentive to submit to a set of institutions that for 65 fucking years rolled over debt and balooned it to 40 fucking trillions. That was not the fed, that was the treasury
Notice on the top half of pic rel the NYFed squeezes out the citizens' currency and pays its ilk IORB and RRP instead, while also buying houses and bonds.The NYFed clearly prioritizes enriching its private owner banks over the citizens having a currencywhy doesn't Trump ever mention this?b/c fucking Trump thinks the NYFed is the housethe FUCKING US TAXPAYER IS THE FUCKING HOUSE>fucking incompetent, insolvent, usurious, nation-wrecking plague
One kike in this thread working overtime to convince people this political divide is real. It's all a bullshit arguing game to distract you from the kikes destroying our countries.Read the protocols.
>>535358182kek, now i'm a boomeryou have nothing of substanceyou fucking bore me
>>535356382Worse.> you will be that grandma
>>535358182>That was not the fed, that was the treasuryno, it was the Fed
>>535358239You argue like a boomer who for some reason is still loyal to a set of institutions that have on average a trust rating under 20%. Only the stupidest boomer would think its a good idea to hand an institution like the treasury that produced 40t of uncovered debt the sole power over currency
THE ALIEN ARRIVAL IS CONFIRM FOR TUESDAY MORNING 9:30 AM EST TIME.QANON INSIDER HERE WITH DEEPSTATE ILLUMINATI SEE YOU ALL IN THE MOTHERSHIPS GOODLUCK SAFE.PS. Disappearance of UFO expert Gen. Neil McCasland 'confirmed gameover'
>>535358303actually it was the greatest generation that did it
>>535358300The fed did not emit the bonds, the treasury has that power. Pleae tell me you don't understand how public finance works when you have spammed now for years your copy pasta shit
>>535358303>is still loyal to a set of institutionshow the fuck did you get there?your posts are fucking idiotici argue against the fed
>>535358416>The "nation" shall issue currencyYou are loyal to the idea of a "nation" which is equal to the political institutions that are responsible for 65 years of pyramid ponzi scheming
>>535358351>emit the bondslol
>>535349621We've known this since the aught. If you don't have money in private investments you aren't going to retire ever.
>>535349621they should just remove the program and tax everyone 1.8% less. we wont even need social security seeing as most chronic health issues have been solved
>>535349621Tax boomers
>>535358498Seriously, what do you think the national debt is? Its just the sum of the emitted bonds and the interests. The fed has only gradually to do with it, because prior to 1929, the treasury did what you suggest, which ended in the well known economic collapse. You are suggesting to handing power over currency to the sole discretion of the political sphere. That's retarded, even more retarded than the fed
Social Security cannot run out of money unless a deliberate and conscious decision is made to have the program run out of money.Americans are dumb and don't know how money works. That's why their Epstein class rulers can tell them the wildest lies and they just eat it up.https://www.youtube.com/watch?v=DNCZHAQnfGU
>>535358481>You are loyal to the idea of a "nation" which is equal to the political institutions that are responsible for 65 years of pyramid ponzi schemingkekwut?i have to goyour posts are fucking drivel to mepic rel for new anons:Now the bankrupt Federal Reserve franchises have their dream come true, note the right side of the chart, high reserves and high IORB at the same timethe last time they tried to have both, JPM got raided by the FBI for rigging treasury and silver markets which caused the repo spike, all big banks failed again quietly and got bailed out again for trillions in Sept/Oct 2019 and then we had covid, which shut down the economy and conveniently hid their illiquidity lol
Money is often falsely equated with productivity, intelligence, class, success, integrity, and/or good taste. If you equate success with money, you will likely be perpetually dissatisfied, in a constant state of longing.But if you VALUE THINGS WHICH CANNOT BE BOUGHT, such as:communityfamilywork ethicintellectfitnessperseverance cleanlinesshonestyintegritycompassiontraditionloyaltyreliabilitypatiencehumorIf you value the above, you will always be content and successful, no matter where you are or what you do.Judge yourself by deed, not possession.
>>535358619Lmfao you stupid Keynesian marxist. You deserve what is coming. A hole in the ground, no contract just gasoline and a match
>>535358714What even is the argument here? That the US doesn't create dollars? It can never run out of dollars. It makes them!
https://www.youtube.com/watch?v=q8K7c1bfnoAStop getting scammed. There is a reason they tell you that they are running out of money instead of telling you they are running out of chicken, timber, or natural gas.
>>535358763I know you retarded marxists have problems with offer and demand as a concept, let alone incentives. Enjoy the hyper inflation, the defection, the collapse of public order and your ass getting put in a hole and lit on fire
>>535358839You're not even making any sense. The US is a monetary sovereign. We don't need anyone to ever purchase a bond. The government does not borrow money.
>>535358920Lmfao. Every nation that emitted its ponzi bonds is theoretically a monetary sovereign. So was Yugoslavia so was the Soviet union. So who would buy the bonds of the Soviet Union in 1989, or Yugoslavia in 1990?
>>535358920Wait, you really believe that? That nobody needs to purchase the bonds? In what fucking fantasy world do you live?
>>535358182>break the boomers legs, put him in the trunk, drive in forest with a hole and put him in it for an hour, than hand him a contract that has him sign everything he owns over to youI'm not evil. You sound evil, though.When shtf I will eat evil people to reduce their population. Evil people will serve the world best as my shit, fertilizing the ground so that plants may grow.
>>535359072You can't buy a bond unless you have currency or bank reserves. They necessarily must exist first. This is not very complicated.The government spends to a deficit. By identity, reserves are created in the banking system in the amount of that deficit. Bonds are sold to drain excess reserves in support of the interest rate target. That's what is actually happening.No one else has money until the government spends it into existence first.
>>535359132Evil and good are questions of perspective? Is it evil to take from a thief that stole from you, and called it law, social contract and entitlements?
>>535359201What marxist brainwashed you? You really believe that, don't you? That bond auctions are optional for public spending and a failed bond auction is no biggy? Lmfao, whatever eco marxist took your tuition fees, at least sue him
>>535359296Just explain, for the thread and the lurkers, why the government -- operationally -- would need money from the population?
>>535349621Anyone who fucks with social security will be voted out of office and shunned.
>>535359381Money? ah a fucking mmt marxist brainwashed you, that explains a lot? Nigger its about risk, not monies. Not necessarily the citizens takes that risk, they can though, its usually banks and funds that take the risk at the expectation of a profit, the yield on the uncovered ponzi bonds. That provides the political institutions the liquidity to write checks.
>>535359589Banks taking a risk on bonds? Are you retarded? Bonds are a guaranteed return. Banks are only banks because the government has granted them a charter to exist.You are fucking retarded.
>>535349621You forgot the actual option which is pass a law to take out more debt to maintain current payment levels.Social security will not run out, the fund will just not be able to pay full payments and current payouts will be reduced to 23% of current amount. This could be increased or lowered in 6 years as well.However considering at how we do not care about the debt ceiling and now treat debt how companies treat debt then we will just take out even more debt to cover social security. The old will vote for red team so as long as red team is in power in 2032 then they will make t his happen. And then in 2036 when blue team gets control they will pass laws to institutionalize the yearly increase to debt.
>>535359662Guaranteed? nominally maybe, in real terms, its a fucking loss the more the treasury shits out bonds, the monetary inflation that you mmt marxist just ignore. Why do you think that we reached the point where the legislator tries to mandate organization to buy the in real terms toilet paper of bonds? But yeah offer and demand, something your prophet didn't get.
>>535359750The funding mechanism for social security was a political choice from FDR. Just change it and the whole problem goes away. There is no shortage of actual resources.
>>535356256>Think about this for a second and you will understand how retarded this is.It truly is. It's mind-boggling. Here's a popular entitlement program that's about to be insolvent, and what's the easiest way to help shore it up? "Hey constituents, you know how if you were to make an extra buck the government would take this tax out of it? Well your upper class friends make an extra buck and the government says nevermind about that paying that tax you just keep it, only the poor and middle class gotta give us that cut of extra dollars earned." It's such an easy political sell! If anyone running against you objects you just say they want to cut your grandma's social security to give millionaires a special tax break. (Now obviously it won't fix the problem by itself, but it's low hanging fruit for making a start of it).
>>535359776Nobody ignores inflation. We just posit the possibility that using unemployment and austerity to "fight" inflation is dumb.
it will be fixed with progressive tax instead of the current cap, just need Trump to do some more blatant looting
>>535359814Ahahahahahahahahahaha On top of ignoring monetary inflation you now as well want to ignore participation rate and expected positive cashflow into ponzis? Whats next? Ignoring gravity in your voodoo models?
>>535359878No, its not dumb, it just bears the risk that offer and demand go to equilibrium and the collateral as well collapsing your marxist Keynesian ponzinomic system. Well though luck faggots, your socialist retardation requires and exponentially growing amount of cooperators, people being born and buying into your ponzi. That's not tze the case anymore
>>535360003It doesn't require that at all. We have mechanization now and have had it for centuries at this point.
>>535360097Now you are going full retard. Lemme guess "AI" is going to solve the problem. Nigger you can't physically solve demand deflation with production side tweaks. Now say the words U b IYour lot really deserves the Yugoslavia style collapse
>>535359213Treat others as how you want to be treated, that's the golden rule. Boomers & Jews have all the wealth & power, why should we throw away basic decency to get leftovers? I may be seen as a bum but I'd rather die a bum than some cold blooded robber.
>>535360355Get off your beaten to dead moral horse. Its just a disintegrating corpse at this point
>>535349621They can fix this by ending welfare for all illegals and h1bs right now.
>>535350948Full benefits is like at 65
>>535360526Why? Because a paper law written 60 years ago says so? Ahahahahahahahahahaha
>>535360402I'm scum too but if it all boils down to kill someone get yours then it's just too niggery. I do agree that the social contract is broken and I don't mind laying flat but I don't know. This world wants to turn you completely evil, I understand your rationale but clinging on to something is a better cope for me. Alas there are no good choices in a bad world.
>>535360590Go social signal somewhere else, retard. Its purely rational to defect from the geriatric social order and spit on the moral imperatives of a generation of thiefs and its extortionist ponziconomy, that lacks by now the loyalists and the means to enforce its order
>>535360683I just can't get behind the idea of killing off relatives because they spend money on mcdonalds instead of a 401k. At that point you might aswell be a Talmudic kike yourself.
>>535360876Three options, two are total collapse and failing state, that's either the default option or the hyperinflation option. The third is my personal favorite but the most unlikely, gerondocid, killing literally everybody over 50 and deleting their liabilities off the ledger getting the demographic pyramid back on its feet by force, cutting literally off the unproductive, net negative cashflow top. The first two options are the end of the power structure, the third could be a continuation of power.Those are the options, there are no others for the next 80 years.
>>535356318peak boomer births were in the 1950s so peak boomer deaths should come in the 2030s
>>5353612382050s is when the bulge is naturally gone. Could be accelerated to 2040s with worsening the medical support, but that's way too late to salvage 65 years of perpetually over rolling uncovered debt onto smaller and smaller demographics, and it doesn't solve the problem, unless genA has 15 children per uterus, very unlikely
>>535349621They said Social Security would run out by 2000 in the 1980's.2 more decadest. oldfag
>>535349621It won't run out until Democrats take office in which case it will be Obamas fault somehow, justifying taking over the Federal reserve to keep social security and housing costs high.
>>535361467Its factually bankrupt since the mid 90s. All these socialist ponzis do since the 90s is generating hyperinflation, accelerating since the mid 2010s. The only reason debt to gdp doesn't even look more retarded was the import of virtual debt collateral in the 2010s in form of immigrants, that turned out to be an accelerating force of ponzi collapse
>>535349621And then they budget and fund it again and there's no problem again just like last time. So shut the fuck up idiot
>>535361623And your payout is 2500 a month with a slice of bread going for 250. While the average wage is supposed to remain 15.5 an hour. Yeah Yugoslavia it is
.
>>535350743its not a ponzi scheme you reaganite blowhards, the young subsidize the old. thats it. its pretty fuckin simple, if you eliminate it then watch all the old folk just eat it when they cant work. that money should be circling back into the economy via salaries not corpo profits. theres the rub, you fucking niggers
>>535362851Again, the only reason Social Security is funded the way it is was a political decision made by FDR.Medicare Part D, the Bush prescription drug plan, never has any funding issues because when it was passed it was funded out of "general revenue". That means newly issued money.All that has to be done is to change the law, because there is no shortage of real resources for Social Security recipients to spend the money on. So if they aren't just changing the law, it's because they want it to happen.
>>535358528You mean like 401ks and such, or individual investments only?
>>535351098Hunting for your own food? Cool!
>>535349621Oh no, the money ran out. Why were we so stupid as to set up a system with a limited money supply?! We have to figure out who has the money and use the military to take some of it back from them.
>>535349621>Money printer is off the tableOh no it's not lmao
>>535356723fiat is worth whatever the government pretends it is
>>535349621>>535349778More than half of the people, who are concerned about social security are literal losers, who just neet around, while complaining about "but muh autism, but muh social anxiety, but muh depresshun".You anime watching, weed smoking retards are in the same pot along with entitled boomers, ebt coons and neurotic SJWs.Those who work will be able to eat.>"But i already payed into this ponzi schems"GG no re.
>>535353794the security guard thing is probably not that far offconscript everyone into being unarmed Bobbies for private corps. or they might let one guy have a shitty pistol with 10 rounds that each have a barcode on them or maybe one beanbag shotgun locked up in a "BREAK GLASS IN EMERGENCY" gun safe in the control room.
>>535349621They will use their devil magicks to keep this corpse moving for the next century. I've been told all my life to plan my retirement like SS doesn't exist.
>>535351527>Just increase the cap so people making more pay moreThat's correct. And they already know it.But they get social/economic leverage from a crisis. Emergency laws, etc.
>>535349621xirlennials and zooms are just the goyim for boomers. theyre going to cut it out of our flesh.
>>535350658Which is more likely, the evil retards in power stop being evil and retarded to make your life better, or they continue to make things worse until they die?
>>535354612Go to the social security office, and they literally tell you it's welfare and you aren't owed shit. And yes, it's usually some brown or fish head spitefully and smugly saying it (there was a rep who went on a rant saying the same thing on stage years ago and the news only showed it once and everyone buried it, because it was a little after the 2008 financial fuckery, and people were getting very pissed about their social security being used as a piggy bank for the government).
If I make 45k/year at 35 (yes im a retarded loser) does it make sense to get religious exemptions and get more each paycheck?Most males in my family die 70-80 anyway.
>>535350331wow thanks mr trump i having so many moneys now pazhalista
>>535349621The powers that be have a new system that has been in the development for decades now, ready to be rolled out in the coming years. It will operate in parallel starting sometime this year and by the next decade it will be fully operational as the Agenda 2030 goals are slowly being implemented.There will be no collapse, no violence, no uprising, no world war, no draft, no revolution, no killing of jews or politicians or other such fantasies. Instead there will be law & order, compliance and total surveillance until the very end. AI will be at the center of it all. The Great Reset is inevitable.
ive been paying into social security for a long time, if it runs out before i get any benefit then I WILL NEVER PAY TAXES AGAIN. im dead serious. i will barricade myself at home and shoot anyone trying to steal more tax money from me. fool me once, shame on you. try and fool me twice im gonna go founding father on the government. so yeah hopefully they figure it out. gl
>>535351098>not just burdenmaxxing and becoming a 800 lb lardass just to suck as much resources as possibleNgmiT. Friend is doing this right now and 2 of his caretakers are closet feeders (yeah they fuck). Like how is being normal now a barrier to getting laid?
>>535362996You cannot sell the story mmt marxist. The virtual carrot on a stick that worked so well on the BoomerX simply doesn't work on the ZillenialA. Your system was ghosted, defected from and any attempt to "reform" it in a continuation of power logic, is going to accelerate the passive defection into actively putting the torch to your geriatric communist 20th century state
>>535375382Its bankrupt since the mid 90s, you have been factually paying into a black hole ponzi scheme for your entire life. Its a pay as you go ponzi, and the amount of those that went is far outnumbering the amount of cucks and retards like you that pay in.Anybody declaring his income and paying taxes these days, let alone the wagies getting extorted automatically on their pay check by the loyalist employer are the cucks of the world
>>535353843It is enraging to hear my grandma rant about how times were hard for them and there were bubbles and crashes and blah blah blah.We've been in a constant recession and depression since 2008 and have never recovered.There is no end in sight to this unlike back then, and not only that, but demographically and socially they were far better off. I bet if I time traveled back I would see them squandering a fuck ton on luxuries like booze and cigarettes too. It is endlessly frustrating to hear retarded boomers who breezed through life in the most prosperous period of history try and act like they struggled at all.
>>535376680Beat the shit out of the Boomer whore the next time she opens her dirty inflation generating and polity legitimating mouth. The bitch, like every other 50+ bastard that legitimated the polity and bureaucracy for its entire life, especially after 2009 deserves it. Its democracy, the majority vooter block is 100% responsible.
kek this thread is still up
>>535349621I know! Cut military spending! But no. We need a $1.5 TRILLION military budget.
>>535377215Of course it is. Or do you think the ignored propaganda spam that doesn't crack an interaction rate of 0.0006 on platforms with 7 figures more users is able to slide it. Nobody gives a shit about Israel, Iran, some boat or Cuba.The propaganda is ghosted, the focus of the relevant demographic is 100% on edging to put the torch to Rome, the so called global economy of the 20th century
>>535358615>The fed has only gradually to do with it, because prior to 1929, the treasury did what you suggest, which ended in the well known economic collapse.^^^^this is completely fucking incorrectthe Fed switched from gold-backed Federal Reserve Notes (1913) to DEBT-backed Federal Reserve Notes (1933)The fucking currency should be ISSUED BY THE FUCKING NATIONAL TREASURY and backed by or pegged to a weighted basket of commonly-used commodities.This is not difficult to understand. Also, the depression occurred because of FUCKING MARGIN TRADING, YOU FUCKING IDIOT.
>>535377451Boomer. The Fed doesn't emit sovereign ponzi bonds in the trillions and drives inflation with unlegetimated boomer paper laws, the treasury and congress does
>>535376525Your dramatic language proves too much. It's an ideological thing with you. Operationally, I'm correct and that's all the matters.
>>535355785True. Only suckers pay taxes now. An entire country of takers and no givers.
a currency is a TOOL to benefit the citizens, once a currency becomes an investment IT IS NO LONGER USEFUL AS A CURRENCYpic relatedThe US Treasury will issue US Notes again for the citizens, the Fed has fucking failed miserably lol
>>535377607Operationally, you and the rest of your marxist Keynesian minority is dependent on the trust and cooperation by a majority of an active population that has no incentive anymore to cooperate.You can screech into a void as much as you like, the moment a Zoomer in his early 30s, mid 20s figures out that it is irrational to slave for 15.5 an hour before taxes, while congress and the treasury in cahoots with the fed drive inflation to retard levels to keep the ponzi collateral from going to equilibrium price to not collapse the ponzi and lose the geriatric vooter base of asset hoarders, the game of musical chairs ends. The band already left the stage, you are dancing to a faint memory of the song
>>535355306>Trump bucks for babies is already a thing. Lmao Trump Steaks and Trump University were a thing too.
>>535377509US taxpayers paid the IRS $562 Billion in interest alone in fiscal year 2021 to borrow the Federal Reserve’s debt-based currency out of thin air in the form of bond debt$562 billion($562,000 million)Pic relatedHow it is:>US government needs currency >US Treasury prints up some bonds>NY Federal Reserve creates Federal Reserve Notes out of thin air and its primary dealers then buy said bonds from US Government>US government now has new currency created out of thin air by Fed banks>Now, US taxpayers owe interest (and principal) on said US bonds, as well as paying a fee AND DIVIDENDS to the NYFed’s shareholders, the primary dealers (the big banks), this is the ‘Public Issues’ portion of the US Public Debt How it should be:>Congress makes annual budget>Tax revenues are collected and any budget shortfall (deficit) is then new debt-free US Notes issued by the US Treasury itself, no bonds needed, no US Public Debt to issue our own currencyAre Americans ever going to realize this fraud?
>>535377774That was probably the most retarded boomer bastard style attempt at credit expansion on uncovered debt. The retard has totally fucked it up, stupid boomer bastard he is
You forgot the other option. Less people.
>>535377991Fed shizo. You are as much unable to sell continuation of power and gradual reform as the retarded Keynesian marxist is able to sell his 20th century ponzi
>>535377991I'm not a fucking boomer either lol>>when a generation sells the futures of their country and their offspring for unsustainable and lavish wealth and their offspring are too stupid to realize itWait until US taxpayers figure out that the payroll taxes collected for social security, medicaid and unemployment are then used to purchase specially-issued, non-marketable US treasuries (aka Government Account Series, aka GAS) and THE US TAXPAYER IS THEN CHARGED INTEREST ON THESE GAS TREASURIES BOUGHT WITH THEIR PAYROLL TAXES.This is called the Intragovernmental Debt and is included in the US Public Debt. The interest that we pay on Intragovernmental Debt is in the left hand column in pic related and the other interest paid to borrow the Federal Reserve’s currency in exchange for US Treasury debt (these are called Public Issues —-aka Debt Held by the Public aka Marketable debt) is in the right hand column of pic related and the creation of these Public Issues is detailed in the text in >>528620871Pic related is total interest paid on US treasuries for FY 2022 to borrow the Federal Reserve’s private currency in the form of bond debt (Debt Held by the Public + Intragovernmental Debt = US Public Debt)$718 BILLION in interest paid$718,000 MILLION in interest paid$718,000,000,000 in interest paid to issue their Federal Reserve Note out of thin air in the form of bond debt in FY 2022
>>535378096>unable to sell continuation of powerare you fucking drunk?
>>535378067Option three, kill all Boomers and GenX. I am absolutely on board with that option, its the straight forward no compromise solution. But likely not going to happen. Most people are unfortunately emotional women that rather have grand pa alive than throw the stupidest generation of all times into a hole and give them what they deserve for continuingly legitimating a ponzi game that factually run on sacrificing children for virtual wealth
>>535378185That is what you suggest. You suggest to replace the fed with the pre 1929 model. That's continuation of power of the same epistemic community that is responsible for the shit show in the first place. Its not a paradigmatic change of first degree, just second
>>535378153<<<——$882 Billion in interest paid in fiscal year 2023 (FY 2023) to have the NYFed's primary dealers issue our currency out of thin air in the form of bond debt ($666B interest on $34T of Public Issues plus $216B interest on $123T of Intragovernmental Debt)pic rel $666B lol, can't even make this shit up$1.1 TRILLION IN INTEREST PAID IN 2024$1.2 TRILLION IN INTEREST PAID IN 2025An entire nation sucked dry for one generation.It is so fucking sad to watch someone shill for the fucking Fed
>>535349621I don’t and never will care about this Kike / Boomer shit that olds obsess about.
>>535378279this is what i suggest:A reminder, Federal Reserve Notes are what are being issued to worthless oblivion and>the US dollar is a fucking UNITWe need to AGAIN issue debt-free, Treasury-issued US Notes like we did before (and during) the bloodsucking, obsolete Federal Reserve. We need to AGAIN issue debt-free US Notes that are pegged to a basket of commonly-used weighted commodities, distributed by a series of state banks.We can:1 nationalize Fed banksOR2 dissolve Fed and have a series of state banksOR3 issue US Notes simultaneously AGAIN and eventually recycle worthless Federal Reserve Notes out of circulationOR4 YOU CAN RIGHT NOW: use cash/barter/stack/use credit unions/use cold wallets, these five things IMMEDIATELY transfer power directly to the peopleUSE CASH, NO MATTER WHAT COUNTRY YOU ARE IN, cash IMMEDIATELY puts the power in the hands of the people. US Treasury-issued paper fiat (aka cash, aka US Notes):>is permissionless>is private>is anonymous>has no transaction fees>works in power outages>doesn’t need the internet>don't need to be a coder to use it>doesn't depend on another party having a device>everyone knows exactly how much they have>has no transaction limits or thresholds for reporting>money laundering is harder with physical cash, due to transport>is inclusive, it does not see race>is harder to use in ransoms>can’t be hacked>don’t need to remember a password to use it>IS the ultimate in payment platforms>using cash helps people to save money and budget>puts the power directly in the hands of the people >keeps the currency near the REAL goods and services>less paperwork>is face to face, not face to screen>makes government theft harder>using cash forces the debt-based Federal Reserve to serve the citizensBoycott businesses that do not take cash.NEVER USE YOUR PHONE TO PAY. Barter is the real torpedo to these fucking clowns.fucking pic rel Bernanke the fucking fraud
>>535378416If you are serious then you can never again declare income, pay taxes or work a regular 9-5 cuck job that extorts you on the pay check
the fucking DEFINITION of FRAUD is misrepresenting something as something else in order to profitpic definitely fucking related
>>535378436Nigger bot, you spam that shit now for years going by the archives, your interaction rates are worse than the regular propaganda, because nobody with two braincells considers it a good idea to give power over currency to fucking congress and the ponzi treasury
>>535349621Anyone buying this bs deserves to starve when they retire.
>>535350531everyone but lolbertarians implicitly believes in that, they just quibble over who gets first in line to the printer
>>535350401They need to bomb London, Switzerland, and New York into dust. Global bankers and financiers produce nothing but enslavement and misery.
>>535378597Is everyone in the room with you now shizo?
<<<----the fucking NYFed primary dealers BEING PAID TO HOARD CURRENCY all over the fucking globewhat an utter absolute failure the NOW-A-QUARTER-OF-A-TRILLION-FEDERAL-RESERVE-NOTES-IN-THE-HOLE Federal Reserve franchise has been
>>535349621just remove the illegals, that removes ~20-30 million from the list
>>535378468I wouldn’t care even if I did any of those.
Fed shizo bot, no matter how much you spam, the idea of giving power over currency to fucking polity is so retarded not even the stupidest marxist would sign up for it
So, can I get my money back? Fuck FDR.
>>535378525>noone considers it a good idea to give power over currency to fucking congress and the treasuryyou definitely don't, you fucking Fed shill lol<<<----lol a recipe for failureThe US Treasury will again issue the currency.Also, my posts are for people that haven't seen them, Einstein.>interaction rate kek wutyou can't refute one fucking letter of my postsyou fucking bore me, but i do enjoy watching you fumble around in the dark as you try to push usury on the population
>>535378867No. In a pay as you go ponzi, the active cucks paying in are financing the cash out of the ponzi player that leave. If less cucks pay in when you want to cash out, there is nothing to pay out, or with mmt inflation faggotery, what you get out is worth less than you paid in.Its a ponzi, the participation rate is at 60%, with looking at the details prime age men an women being at 80% participation rate. It would need to be at 120% for the ponzi to not collapse. There are not 120% active population possible
>>535349621raise taxes on rich people
>>535349621Why is money printer on the table when “””banks””” and “””businesses””” and “””the market””” need it to be, but off the table when it comes to normal people.
>>535379108Because boomerx and silent gen voted for it to be that way for 65 years
>>535378780>currencycurrency is a TOOL FOR THE CITIZENS TO TRADEI'm sorry you have forgotten thatA national currency is the lifeblood of a nation and should be issued by the national treasury, not a private debt-based franchise.note the NYFed is .ORG kekit is an INSOLVENT PRIVATE BANKalso, no generation should incur debt that lasts longer than its own existence
Fed shizo spam bot, neither me nor anybody else is reading your copy pasta spam
>>535379272unfortunately for you, i am told the opposite all of the timei am thanked as wellas a matter of fact people tell me to never stop and that i go with Godkek
>>535379431A look through the archives shows that your spam gets practically no interaction. Btw who is your targeted audience? It can't be the marxist, they are happy as it is with hyperinflation mmt retardation, those that fundamentally reject the ponzi consider you a cuck sucking polity dick, and the shiny rock boomers also have no rational to entertain a retard whose idea about reform is giving congress and the treasury 100% of the monetary power. You are unable to read the room
>>535349778You hate social security because you paid less than you got out of it and it still wasn't enough.I hate social security because I've paid into it and will never get anything in return.We are not the same.
>>535380533Then fucking quit your 9-5 regular boomer cuck job that extorts you on the pay check through your loyalist employer, go independent and never again file an income statement or let alone pay taxes
>>535380725I haven't paid taxes in over 10 years. Doesn't give me back what I did pay, and it doesn't make your kvetching about not being able to further fuck over the next generation any less retarded.
>>535378660The whole of New York state is guilty
>>535380725>>535349778Soxial security isn't a savings account, God damn
>>535380819Good. That's the only language a bankrupt boomer ponzi understands, defection, depriving it of predictable cashflow and straining state mercenary resources to enforce paper laws to the point where they lack the resources to enforce the paper law
>>535380948Yes, its a pay as you go ponzi
>>535381019They don't really understand, which is the issue. They pivot to "young white men need to step up," "you can totally have a tradwife if you weren't a piece of shit, just 10 miles of cock has been run through her," and all that bullshit.
>>535379855tell yourself whatever you have toi shill for the citizen--a concept you obviously don't grasp
>>535381125And are white men or in that regard anybody else listening to the propaganda and nudging attempts? No. The data is clear cut, propaganda campaigns are ghosted, reach in the targeted demographic under 10%
>>535381292Bullshit. Whites are completely Zogged out, too. Nearly everyone is an NPC. If you can't figure this out for yourself, there's no sense in trying to reason with you, though.
>>535379855>You are unable to read the roomi don't need to read the roommy solution is inevitable, the next obvious stepi am not appealing to people, rather i am explaining the problem and presenting the obvious solutionhave some more pasta:https://archive.4plebs.org/pol/thread/505237484/^^^ A thread about the NYFed and its ilk now trying to convince the boomers to switch from private Federal Reserve-issued, debt-based Federal Reserve Notes to privately-issued, debt-backed stablecoin tokens. This is going to be priceless to watch. Neither of these currency options benefit the citizens, they only benefit the private issuer. Will boomers sell out once again to the banks to save themselves from a failing system that they created? One last fuck you to the country as they insulate themselves in their private tokens?And in the next orchestrated crisis, are the boomers’ new asset tokens to become worthless, as the payment platform is the ultimate claimant to any reserve assets in a crisis or bankruptcy?When is the currency going to be restored to the people? Don't US taxpayers have a right to a debt-free currency issued by their own treasury?Pic related was just passed.This is just entitled boomer classists driving the fucking country into the ground for money (mostly from the now-bankrupt NYFed's QE policies) and now destroying the US taxpayer's currency (the fucking US$, which is A FUCKING UNIT) on the world stage with the Fed’s issued-into-oblivion, worthless Federal Reserve Note.How fraudulent do you have to be that you can actually destroy a fucking unit of measurement? lol holy fuck>lazy skimmers dread real price discovery
>>535381407It appears you are despite having defected still influenced by the propaganda. Participation rate tells the story, every fifth defected, 20% are like you and me, they ghosted the communist boomerconomy and state. At a total of 60% participation rate that's game over for every ponzi
>>535367431We are /pol/ users, the backbone of society, faggot. Without us, X (formerly known as twitter) wouldn’t even be racist.
>>535350531>AOC believes in MMTFirst of all... lmao implying AOC can win a presidential election. Second, MMT is literal central bank propaganda. Anyone pushing it is a propagandist for jew banks. There is no mechanism by which the Fed can print money and have that defray the deficit or outstanding debt. It takes only a basic knowledge of central banking to understand this. The bottom line is that deficits, government borrowing, and interest + principal payments on that borrowing are all real things. Central banks can buy and hold government debt but they do not cancel it. All their money printing is on behalf of private banks only. MMT blurs this fundamental distinction and pretends the central bank IS a government agency that acts on behalf of the government, which is perniciously false when it comes to systems like the US's. The entire theory is based on a massive lie so that's why I call it propaganda. For MMT to work we'd have to make the Fed beholden to the government and that would require a change to the laws that put it into existence.
>>535349621Money printer is most certainly NOT off the table. They will hyperinflate their way out of it and make everyone live in poverty. That was the goal.
>>535383105See here: >>535382300It's literally illegal as per the Federal Reserve Act for the Treasury to print money without the Fed's request. The Fed only money printers for the banks. There is no money printer for the government. Everyone needs to understand this fundamental distinction. It would take an Act of Congress to fundamentally change the system in order to do money printer things. They could do that in the future but that is not the system we have today.
>>535349778Thats what boomer retards deserve for trusting the government with their money
>MONEY!
>>535384768>MONEY!!
>>535349621look, if the Amish can survive without social security or medicare, then I'm sure than the rest of American can do just as well without it too.
>>535353942>b-but the market! think of the poor (((investors))), goyim!So tired of hearing this shit. Speculative capitalism is the bane of western civilization.
>>535349621Most elderly use social security to just sit in a big ass house and do nothing all do. Many of them just take the money straight to the casino. Make it make sense.
>>535349621Im 38 how can I access it now before its gone?
>>535385417You can't. You have to know president Trump or his sons. If you already have money and influence, it's a total smash and grab being run on America right now. Maximum corruption because they all know the jazz music is going to stop. Instead of doing anything to improve it, they're just taking everything they can for themselves and then leaving democrats to pick up the pieces. Then, they'll try to run on it. It worked last time -- Trump pumped the economy fat with free money and zero questions over covid. Then, when he lost, Biden had to try to unfuck it all. He got caught holding the bag. This may be the new strategy for Republicans going forward: play fast and loose with the law, enrich themselves and their donors, and then make democrats have to work hard to unfuck it... which is unpopular, which means they get caught holding the bag again. It worked for Trump, right?
<<<---How did Trump shave off ~$18Trillion of Intragovernmental Debt? red arrow in pic relUS Intragovernmental Debt (aka unfunded liabilities ---this is now 20% soc sec and ~70% medicare) decreased by $18T over the last Fiscal Year, from $152T to $134T$18 million million$18,000,000,000,000What did Trump cut out that cost that much? Why didn't either the left or right mention it? lol, probably b/c there is SO MUCH FUCKING FRAUD that it was easy to cut $18T off unnoticed.https://treasurydirect.gov/files/government/public-debt-reports/pd/pd_debtposactrpt_202509.pdf
>>535385887>How did Trump shave off ~$18Trillion of Intragovernmental Debt?Easy: he didn't. He just fired people until he found one willing to cook the books for him.
>>535385636>they're just taking everything they can for themselves and then leaving democrats to pick up the pieces.>democrats to pick up the pieces.kek come onThe feckless left elected Joe Biden, who was:-the Delaware Senator for 38 years, which is the US capital for shell corporations, money laundering and tax evasion-the Senator that authored the 1992 Crime Bill, which imprisoned hundreds of thousands of black men for low level crimes-the Senator that authored the 2005 bill (which went into effect right before the 2008 financial collapse) cementing the impossibility of discharging student debt in bankruptcy (this was also to harness the cosigner’s wealth, as well) and which led to the foreclosures of tens of thousands of first time homeowners-the Vice President that oversaw mass illegal immigration and refugee influx, increasing numbers of H1B visas and outsourcing of manufacturing jobs from 2008-2016So, the poorest, least productive and neediest people in the nation handed the reins of the country to the very architect of their poverty, inequality, imprisonment, and indebtedness. The left is either utterly blinded by hate or just plain stupid.You are about to witness inequality the likes of which you have never seen before. The wealth transfer scheme operated by the Federal Reserve Uniparty has only increased due to the pandemic. The Federal Reserve Uniparty is now buying anything that isn’t nailed to the floor for pennies on the dollar or holding assets as collateral for emergency loans to desperate businesses and/or zombie corporations. And the left was so brainwashed that they actually think they won.PIC FUCKING RELATEDfucking kek, nothing like preemptively-pardoning your whole familyholy shit we should have a fucking moment of silence for this fucking Satan-tier level of corruption
>>535349743Good thing everything I ever contributed I made back by overcharging my renters to cover that and all my taxes.
>>535385939oh he didor i should say DOGE made cuts for Trump-they killed off entire agencies lolhow very strange and ironic pic rel is in this post>>535358239, that elon had a book written about him by the very company he shut downthat picrel also happened a day after JPM got raided by the FBI for RICO rigging of silver and bond markets over yearsand btw, all USAID money went to a US investment fund run by Ben Black (who is Epstein-famous Leon Black's son) see this picrel
>>535349621Bump
>>535386096>the Delaware Senator for 38 years, which is the US capital for shell corporations, money laundering and tax evasionBased. Slopulist retards would jerk businesses around and throw tantrums. Delaware does nothing and wins.>-the Senator that authored the 1992 Crime Bill, which imprisoned hundreds of thousands of black men for low level crimesBased>-the Senator that authored the 2005 bill (which went into effect right before the 2008 financial collapse) cementing the impossibility of discharging student debt in bankruptcy (this was also to harness the cosigner’s wealth, as well) and which led to the foreclosures of tens of thousands of first time homeownersBased. If you won't give up the credential, which is the collateral on a student loan, you shouldn't be able to discharge it>-the Vice President that oversaw mass illegal immigration and refugee influx, increasing numbers of H1B visas and outsourcing of manufacturing jobs from 2008-2016Based. Chuds have the worst foreign policy on planet earth, so not collapsing the economy by losing wars requires diluting their votes.That's my fucking President.
>>535349778Don’t worry boomers got plenty
>>535349621they say that every year>muh social net is shrinking>muh ssi is running outthey'll find a way to make it work. The government's existence very much relies on keeping the masses appeased. Take away the gibs and what's stopping the mob from burning everything down to the ground?
bump
>>535350743100%, relies on an ever increasing pay in portion. It’s the biggest tax scam we have in the US and that’s saying a lot. People lose their mind over other taxes, what about the 6.25 they take from you the second you start working? If you aren’t in a lower income bracket and invested just that 6.25 from the day you start working, you would retire with far more than the max ss payout with the 4% rule.
>>535386096>You are about to witness inequality the likes of which you have never seen beforeWe're already seeing it. We're already at levels at or near the French Revolution, for the record. And it's only accelerating. Turns out that when you cut taxes on the wealthy and cut social programs, wealth inequality rises. Who would've thought, right?Either way, interested to hear your theories on how wealth inequality will rise if we tax the rich, close loopholes used by the wealthy (e.g. buy-borrow-die), and use the earnings to give Americans more services paid by the well off. Let me know!
>>535384670Well why doesn't the treasury just do what gaynigger Obongo do, & issue coins, like his famous $1T dollar coin that probably went into GRIDS settlements for all the hotdogs & pizzas he POZ'd
>>535349621This has been claimed for decadesIt will only go broke due to fraud by foreignersOutside of that boomers, the #1 user of all things, are unhealthy and dying off in bulk.20 million of them died off to be exact.Its more solvent than ever.
>>535349621No one cares. My boomer Dad came over the other night, usually in good spirits, but Chud getting arrested and then all of the other clown world shit has finally gotten to him. He gets it all about Israel, AIPAC, etc. I'm trying to go easy on him since I've lived with this ontology for 10+ years, whereas most are still just snapping out of it. All to say: The Republic is dead and even its most ardent supporters are starting to see it, albeit as frogs in a cooking pot.
>>535349621Why is money printer off the table? Its more voter safe than raising taxes which is felt immediately.
>>535349621Nah, they just raise caps, they do this every so often, nothing burger
>>535387689>Take away the gibs and what's stopping the mob from burning everything down to the ground?The undeniable and irrefutable fact that you won't do shit?
>>535349621>Pay into a mandatory retirement plan for your entire life>Government spends money on Somalia health care scams and gibs for immigrants>Can't pay back money government took from people who actually workedWanna see a bunch of pissed off boomers topple a society? This is how that happens.
>>535350401>They need to tax rich peopleYou could take every dollar a rich person has and it wouldn't make a dent in balancing our budget. The largest problem in our society is all the fucking retarded poor people and immigrants and their gibs. It isn't rich boomers that are the problems, it's Juanita and her 13 spiclets getting $4000 a month in WIC and $2000 a month in subsidized rent.
>>535395279>Take away the gibs and what's stopping the mob from burning everything down to the ground?The fact that they are all fat, lazy, stupid and can't provide basic things for themselves. They would stare at each other and starve while wondering why their EBT card stopped magically giving them free shit.
>>535349621yonk! thanks for posting your SSN, idiot! now I can finally get job at lettuce field.
>>535391862>Turns out that when you cut taxes on the wealthy and cut social programs, wealth inequality risesExactly what social programs have been cut? And the wealth tax generated increased.government revenues, but you wouldn't know that because maths are very hard for you. They only thing that's happened is the USG curtailed the number of illegal brown people they were supporting (slightly) and stopped giving millions of dollars to inbred retarded Somalis, which simply meant the Somalis missed their BMW payments.
>>535396867Not going for cabbages. Smh unc
>>535397078do cabbages pay more than lettuce?
>>535349621I like the part where you linked to source you noeffort newfag
