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In reply to the discussion: Ultra Low Interest Rates A Threat To Social Security [View all]Wounded Bear
(58,362 posts)16. Ultra low interest rates are not healthy for the economy in general...
You can't encourage savings at 1% interest rates. Safe investments wither and die as everyone pushes their funds into the riskier, high potential reward areas.
Current interest rates favor financial institutions and gamblers, not many others, like true "conservative" investors.
I'm not so sure this threatens current SS funds, since they are by law required to invest in only gov't securities. This sounds a bit like another of those "set SS free and let it invest in the stock market" screeds.
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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