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metalbot

(1,058 posts)

3. I'm confused

Reply to eniwetok (Original post)

Sat Mar 25, 2017, 07:10 PM

Mar 2017

"There MUST be a floor beneath which interest rates should never fall... and I believe that should be at least 4%."

Are you arguing that if the US government were able to borrow money from other sources at 1.8% that it should still borrow from SS at 4%? How does that make any sense? If we're going to deficit spend, then we should be borrowing at the cheapest rate possible.

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Highlight:

WHY AREN'T DEMS RAISING HELL: New SS Money got average of 1.8% interest for 2016! [View all] eniwetok Mar 2017 OP

They have such sneaky ways of destroying things, pangaia Mar 2017 #1

And you believe 4percent ... GeorgeGist Mar 2017 #2

4% as a FLOOR... eniwetok Mar 2017 #4

I'm confused metalbot Mar 2017 #3

SS surplus MUST be borrowed by the Govt eniwetok Mar 2017 #6

I don't understand your argument metalbot Mar 2017 #11

Why are you more concerned about market rates than the health of the SS funds? eniwetok Mar 2017 #12

However cost of living raises were only .3% this year and zero last year- very low for years wishstar Mar 2017 #5

There is only one market for SS Securities... the US Govt. eniwetok Mar 2017 #7

BTW... we're not imposing higher taxes... we're BORROWING more... eniwetok Mar 2017 #9

banks pay us O.1 percent. 1.8 is better than that at least. nt msongs Mar 2017 #8

this has NOTHING to do with banks.... eniwetok Mar 2017 #10