America’s Biggest Mistake?

Greg P

Posted March 17, 2025underAll-in PodcastDavid FriedbergDEBTInvestinglong term investingPassive InvestingSocial SecuritySovereign Wealth FundTreasury

America's Biggest Mistake?
A portion of every American's paycheck is deposited into the Social Security trust fund (OASI), which is then invested to create returns that aim to support long-term retirement payments.

Since 1941, OASI has ONLY invested in US treasuries, averaging…
— david friedberg (@friedberg) March 14, 2025

An interesting take from the the All in Podcast’s Sultan of Science. Personally, I wonder why the government and people are not happy with the loads of taxes they collect? What is wrong with passing a balanced budget amendment?

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