Strictly: Drilling and oil-field services Message Board

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Gold/Mining/Energy : Strictly: Drilling and oil-field services

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To: SliderOnTheBlack who wrote (80785)	12/5/2000 6:42:15 PM
From: rocklobster	Read Replies (1) of 95453

Hey slider.. you never answered my question about social security funds.. I am thinking I have come up with a brilliant idea and I'm not sure why nobody has thought about it. since you have banking knowledge I thought maybe you could help.. my idea is this... according to the government.. social security funds only acrue interest of 2% per year.. So why don't they just invest social security money in zero coupon bonds or other treasuries. they could pay the social security beneficiaries,( all us citizens ) a much higher rate of return on our social security, witholdings... what am I missing here.. I asked you because you seem to know a whole lot more than me about macro economic theory and banking.. thanks in advance.. rok

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