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In reply to the discussion: Ultra Low Interest Rates A Threat To Social Security [View all]eniwetok
(1,629 posts)11. some canadian money is invested OUTSIDE the country
If you look at some of the Canadian investments... the money is being invested OUTSIDE the nation.
I have no problem with such a fund IF the money was invested in the US to increase overall productivity then that excess productivity were taxed with a VAT tax to repay the fund. Right now that SS money can be pissed away on anything... and Congress is free to pay sh*t for interest.
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From previous reports. Just because they're not online does not mean they do not exist.
jeff47
Mar 2016
#41
Well, yeah Congress can always amend the SS Act. But until they do that, it's pretty much a market
Hoyt
Mar 2016
#28
I think they have driven rates down in the hopes of spurring job creating business.
Hoyt
Mar 2016
#29
And it hasn't worked well because of other issues that only Congress, not the Fed, can address.
strategery blunder
Mar 2016
#47
Agreed. Allowing giant banks to borrow money for free from the taxpayers without no requirement
GoneFishin
Mar 2016
#51