📰 Source: youtube | misesmedia
✍️ Original author: misesmedia
⬆️ score: 581
On this episode of Power and Market, Patrick Newman joins Ryan and Tho for a discussion on Social Security, generational economic tensions, and the latest inflation numbers (spoiler: they’re bad).
0:00 Introduction and Upcoming Events 2:51 Retirees vs. Workers: The Social Security Poll 4:27 The 2027 COLA and Inflation-Proof Benefits 9:06 Generational Conflict and the Payroll Tax 13:07 What If Social Security Had Been Privatized? 15:23 The Perfect Ponzi Scheme 20:05 Insolvency and the Demographic Problem 26:19 Can Anything Force Reform? 31:34 Longer Retirements and Rising Interest Rates 33:48 Hot CPI and PPI Reports 41:26 Inflation Politics and the Election of 1896 45:17 How Does It All End?
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