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The Trouble with Retirement
Gary North on LewRockwell.com
[Opinion] Oct. 1, 2003 Excerpt: One major problem with tax-deferred investment programs is that the money is channelled into government-approved investments. This money balloons these subsidized markets upward until such time as a significant percentage of people want to retire. Then they start selling. How large a percentage is 'significant'? I don't know, but I think 10% will be enough. MORE >> |
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