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| Economy |
| Social Security Retroactive Payments are being received this week |
| 2025-03-05 |
| [SSAblog] Last week, the SSAdmin announced they would be expediting retroactive Social Security payments as authorized by the Social Security Fairness Act (see link). Today, I've received word from a number of people who had multi thousand dollar deposits made into their bank accounts. It will have an immediate effect on the money supply M1 (I think up about $100B) and subsequently on the rates for treasury instruments, the CPI and so forth. |
| Posted by:Lord Garth |
| #1 |
| Posted by: Skidmark 2025-03-05 11:26 |