Kevin Carson on Nostr: Brain genius Jacob Hornberger demolishes the myth that retirees get back the money ...
Brain genius Jacob Hornberger demolishes the myth that retirees get back the money they paid into Social Security.
Wait till he finds out that the bank doesn't actually mark the specific dollars you deposited and put them into a lock box -- you just get paid out from the credits you accumulated, exactly like with SS.
Worse yet, as monetary historian A. Mitchell-Innes showed, money has never been anything but a system of credits and debits.
https://www.fff.org/2024/08/16/the-crown-jewell-of-american-socialism/
Wait till he finds out that the bank doesn't actually mark the specific dollars you deposited and put them into a lock box -- you just get paid out from the credits you accumulated, exactly like with SS.
Worse yet, as monetary historian A. Mitchell-Innes showed, money has never been anything but a system of credits and debits.
https://www.fff.org/2024/08/16/the-crown-jewell-of-american-socialism/