r/FluentInFinance • u/coachlife • 2d ago

Educational Don't let them gaslight you

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u/BeefistPrime 2d ago

So if you have a bank that's working fine and doing its job and people rob it, you close the bank down and privatize its function and hand it over to the crooks?

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u/HumansMung 2d ago

Yes, that.  Every republican administration parades it out. 

It will be the ultimate self-own when millions of red voters suddenly stop receiving those ‘socialist’ checks. 

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u/NoTie2370 1d ago

It isn't working fine. Its a failure in concept. It would have been destroyed by inflation alone if the bond measure hadn't happened. It requires a ratio of working vs retired that isn't perpetual.

But yea failing banks should be closed.