You Touch It, You Die

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So security is one of the few government problems. It's just a math problem. What you have to do is either raise the age of eligibility to receive it, or raise the taxes on so security. Or change the terms of what you're going to get t you can, you can modify the system. But i don't think it's likely that te democrats and republicans will ever say, i'm sorry, the money's just not there. Because who's going going to reelect those incumbents ifthey they can't get the so security thy've been counting on for decades?

In this special episode of the show Shermer and Green discuss one of the most important and yet poorly understood concepts in modern society: money and why it matters. They discuss: the origins of money, and how to make it work for you, how the stock market works, the power of compound interest, the secrets of millionaires, the difference between a IRA, 401(k), and a Roth IRA, hedge-fund managers and investment advisors, the relationship between risk and reward, the relationship between saving and spending, the problem with free market capitalism, money, happiness, and meaning, and the role of luck and contingency in how lives turn out.