(Feb 2005) Fed Chairman Alan Greenspan: "We can guarantee cash benefits but we can NOT guarantee their PURCHASING POWER"

1 month ago
176

In other words the Central Bank/Government can always print your monthly social security benefits$ out of thin air anytime in the future but due to Government MONEY PRINTING (Ukraine War, Israel payments, etc...) which causes INFLATION (More money chasing fewer goods) your future monthly pension/social security payment may only buy you a chocolate bar due to severe loss in PURCHASING POWER of the currency they print out of thin air.

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