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Inflation/devaluation is the only answer. The Boomers will get their money, but it won't be worth nearly what it used to be, or what they expected. Check out what happened to pensioners in Russia after the fall of the USSR. The ruble lost 90% of its value and those who counted on the equivalent of Social Security were destitute.
Dec 01 02:47 am
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All Comments by Kunst »Will Baby Boomers Start Selling Their Homes for Liquidity? [View article]