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Re: rocco2 post# 320190

Sunday, 11/08/2015 11:34:17 AM

Sunday, November 08, 2015 11:34:17 AM

Post# of 794345
And if you want to send even more money to the Treasury, you can now open a myRA. :)

"So here's the irony: The myRA actually has the working poor financing the government's deficit spending. By creating accounts that invest in a government pool, it's yet another way for the Treasury to raise funds without having to sell bonds in the public markets.
While this may not have been the original intention behind its creation, it's an important consequence, nonetheless."

http://www.cnbc.com/2015/11/04/oh-myra-what-a-misguided-bureaucratic-mess-this-will-be.html