7/25/24 Thomas Eddlem on How the Fed Hurts the Poor
Scott Horton Show - Just the Interviews
The Financial Future of Social Security
This chapter examines the financial challenges facing social security, highlighting the diminishing value of benefits due to low interest rates. It discusses the historical context of these rates, their impact on the sustainability of the Social Security Trust Fund, and the potential for future benefit cuts. The conversation also connects broader economic policies and housing market dynamics, especially in Austin, Texas, emphasizing the complexities of inflation and its effects on real estate.
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