- An estimated 161 million workers – 94% of all workers – are covered under Social Security;
- In 1940, the life expectancy of a 65-year-old was almost 14 years; today it is more than 20 years;
- By 2033, the number of American seniors will increase from 45.1 million today to 77.4 million;
- There are currently 2.8 workers for each Social Security beneficiary. By 2033, there will be 2.1 workers for each beneficiary.
"[T]he Federal Reserve revealed that its holdings of US government debt had increased to an all-time record of $1696,691,000,000 as of the close of business on Wednesday. The Fed's holdings of US government debt have increased by 257 percent since...Jan. 20, 2009, and the Fed is currently the single largest holder of US government debt."
"When price inflation starts to become obvious, more and more people will behave as though they are playing a game of Old Maid. They'll try to get rid of depreciating Dollars. And that effort – to get rid of Dollars before they lose even more value – will make inflation even worse. The players who diversified out of Dollars early will win the game."
- 1977 – 6.5% inflation
- 1978 – 7.6% inflation
- 1979 – 11.3% inflation
- 1980 – 13.5% inflation
- 1981 – 10.3% inflation