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Restructuring the Debt Beats Inflating It Away - Ep 898

The Peter Schiff Show Podcast

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The Importance of Assets in the Social Security System

The idea that there's some fund is a bunch of lies because even if there are government bonds in the Social Security Trust Fund, they would have to sell those bonds. The trust funds are an illusion. They're a trust funded name only. There's nothing funding them. So it is a gigantic welfare system and so we need to treat it like a welfare system," he said.

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