<snip>..sorry it was becoming too long to quote
How the fuck do you write so much ?
Not complaining as I post like a mofo but not with the precise writing that you try to do.
I tend to write like James Joyce just let it rip.
Stream of consciousness style.
I have a USA based theory of why the gov does these games with interest.
I base it on the Long Island railroad retirement system.
see below:
My step dad is 90 years old.
He worked for the Long Island Railroad from the age of 22 to 52
he has been in retirement for 38 years. 8 years longer than he worked.
his son my stepbrother is 60
he got a job in 1984 or 1985 with the long Island railroad he was 22 or 23.
He retired at 55 he is on pension for 7 years.
his son is 25 he is working at the Long Island railroad for 3 years.
The model above does not work cannot work if every family in the USA was setup the way they are it all falls apart.
So the feds play pendulum with war ,interest rates ,unemployment . In an effort to keep it all from imploding.
Now I would argue it has not fully imploded since 1929-1939 which they fixed with WWII.
I am hoping they avoid the next full implosion better than they did back then.
We will have a much better idea by 2024 Nov just how fucked the USA will be.
You are definitely on to something here.
Soc sec is 20 tril "in the hole", yet more than 50% seniors depend on it and they paid into it...calling it a "benefit' is a bit disingenuous.
I have no idea how they will "fix" this.
At least soc sec has COLA, many regular pensions don't have it, so payment streams slowly dwindle.
Peeps would have to think hard how to finance their potential longevity and bitcoin should be a big part of that.