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>Instead of social security that doesn’t really help the economy, generate more wealth or increases capital SS assets are invested daily by law into safe secur
by ChrisLomont 8y ago
>Instead of social security that doesn’t really help the economy, generate more wealth or increases capital
SS assets are invested daily by law into safe securities (special US bonds) and the cash is immediately put back to use in capital markets. Here [1] you can look through the data to grasp the scale of it.
[1] https://www.ssa.gov/oact/progdata/investheld.html https://www.ssa.gov/oact/progdata/investheld.html