Status of the Social Security Trust Fund, Fiscal 2020: Beware of Vicious Dog | Wolf Street

By investing exclusively in Treasury securities that are not exposed to market whims, the Trust Fund follows the most conservative – meaning, low-risk – strategy possible. This setup is an efficient, low-cost way of administering the Trust Fund and doesn’t allow Wall Street to extract fees and load the fund up with risks. That’s why Wall Street hates the Trust Fund and wants to “privatize” it in order to get its hands on the $2.8 trillion, extract fees out of it, and use it as dumping ground for its risks.

Status of the Social Security Trust Fund, Fiscal 2020: Beware of Vicious Dog | Wolf Street