flacaltenn
Diamond Member
With DOUBLE interest.
No.
Interest was paid to SocSec when they held the bonds.
Now interest is paid to the new bond buyer and the old SocSec bond is paid off.
You're wrong. And I told you why. Had the treasury BOUGHT BACK EXISTING bonds with the surplus, that interest would HAVE been ALREADY credited to the Trust Fund. INSTEAD the phony interest is a BOOK notation. Not a bank liquid account. AND CURRENT taxpayers ARE PAYING interest on the phony interest everytime the Treasury sells a bond to pay SS shortfalls.