Oyster_Lust@lemmy.world 11 months ago
Social security is a Ponzi scheme. Every Ponzi scheme has an end. The Fed has been able to keep it going longer than normal by “printing” money, but it can’t do that forever. We are just now starting to see the beginning pangs of inflations. It will inevitably get worse.
Specks@lemmy.world 11 months ago
I thought it was funded by taxing the working people to fund retiring people? Is there currently a shortfall?