The Monetary Solution to Politically Insoluble Funding Gaps
Will #Inflation "Save" Social Security? #moneymetals https://t.co/0fMvTz48IM
— Money Metals (@MoneyMetals) June 18, 2019
Will Inflation “Save” Social Security?
Uncle Sam is going broke. That’s not exactly news – at least not to anyone who has been paying attention to the sorry state of federal finances.
Yet to most Americans, the ballooning national debt ($22.3 trillion and counting) isn’t a problem that impacts their daily lives. They won’t directly perceive the cost of another trillion dollars in borrowing in the government’s next fiscal year.
A trillion dollars here, a trillion dollars there
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The Monetary Solution to Politically Insoluble Funding Gaps
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