Will Fed Tapering Lead to Forced U.S. Treasury Retirement Accounts?Submitted by Smaulgld.com on Wed, 06/26/2013 - 20:03
“A government big enough to give you everything you want, is big enough to take away everything you have.” attributed to Thomas Jefferson
There has been a lot of talk lately that the Federal Reserve may soon taper its purchases of U.S.Treasury bonds and mortgage back securities.
There has also been some talk about forced retirement accounts.
Indeed, this topic was the subject of a recent Time magazine article.
There is irony in this proposal given we already have a mandatory retirement program called Social Security.
These two stories may have a common thread.