Federal Reserve’s Crazed Money Printing is Killing Social Security

The Federal Reserve has held interest rates artificially low for decades. This causes all kinds of distortions and misallocations in the economy.

And it’s creating quite a problem for the Social Security Administration.

The Social Security Trust Fund, also known as the Old-Age and Survivors Insurance (OASI) Trust Fund, closed fiscal 2021 with a balance of $2.76 trillion. That was down by 2.0% from a year earlier. It was the second annual decline of Trust Fun since 1990. The first occurred in 2018.”

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