The Trust Fund Lives

Dennis R Redmond dredmond at OREGON.UOREGON.EDU
Fri Jul 31 14:26:04 PDT 1998

On Fri, 31 Jul 1998, Jordan Hayes wrote:

> Exactly as I said: it [Social Security trust fund] is a fiction.

As a literature scholar, I can confirm that there's nothing realer than fiction. Even cash, that most liquid of all assets, is a fiction, a note backed by the Federal reserve. Hell, even the notion of *gold* is a fiction -- it's just a shiny metal in the ground, transmogrified by our weird little Earthling culture into a storehouse of value.

-- Dennis

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