3min chapter

Free Thoughts cover image

Inflation! (with Norbert Michel)

Free Thoughts

CHAPTER

Is This Just Chicken Littles Coming Home to Roost?

i'm not sure now if it was during nixon, carter or early ragan, change the whole social security formula. So your benefits weren't tied to inflation, just tied to inflation. Nnand their models didt be correct in terms of the inflation they would expect to come from that. And then you have a situation where it's even easier for the federal reserve to be used as a pawn by the treasury. There's a big problem there. Is this an independence thing?

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