Re: DEFLAZIONE E DEBITO ¶
By: XTOL on Domenica 13 Agosto 2017 12:22
se qualcuno non avesse ancora chiaro perchè le banche centrali devono alzare i tassi e devono abbassare i tassi, cioè sono (e siamo) fottuti:
Social Security hopes that ‘real’ interest rates, i.e. inflation-adjusted interest rates, will be at least 3.2%.
This means that they need interest rates to be 3.2% ABOVE the rate of inflation.
This is where their projections are WAY OFF… because real interest rates in the US are actually negative.
The 12-month US government bond currently yields 1.2%. Yet the official inflation rate in the Land of the Free is 1.7%.
In other words, the interest rate is LOWER than inflation, i.e. the ‘real’ interest rate is MINUS 0.5%.
Social Security is depending on +3.2%.
US public pension funds at the state and local level are also underfunded by an average of 67.9%.
Additionally, most pension funds target an investment return of between 7.5% to 8% in order to stay solvent.
Yet in 2015 the average pension fund’s investment return was just 3.2%. And last year a pitiful 0.6%.
This is a nationwide problem. Social Security is running out of money. State and local pension funds are running out of money.