Sec Scott Bessent: "A single $1,000 deposit into a Trump Account at birth will grow to over $600,000 by the age of retirement. Trump is putting the American Dream within reach of every citizen, no matter the circumstances of birth."
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That's 10.34% APY every single year from birth until 65 years old. If they let you retire at 65. Assuming no additional deposits.
Sec Scott Bessent: "A single $1,000 deposit into a Trump Account at birth will grow to over $600,000 by the age of retirement. Trump is putting the American Dream within reach of every citizen, no matter the circumstances of birth."
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😂 does anybody ask “how?”
Just believe in it…
Anyone that perpetuates the Hillary Clinton lie, that the American Dream is about home ownership, loses validity.
Yeah, but in 2085 a gallon of gas will be $10,000
Isn't this socialism
Sec Scott Bessent: "A single $1,000 deposit into a Trump Account at birth will grow to over $600,000 by the age of retirement. Trump is putting the American Dream within reach of every citizen, no matter the circumstances of birth."
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So you're saying put $1000 in bitcoin for your kid instead?🌻
I'm looking into how many paper kids my spouse and I can produce in a year. 😜
If a fella had 3-4 wives, did home deliveries, homeschooled and kept to himself, he could probably rack up 20 kids before someone started asking questions.
Take that money and buy bitcoin, so simple ...
So... apparently the government will be investing in the S&P 500 on behalf of newborn citizens. Private funds blindly propping up the top 500 companies isn't ideal, but people are free to do what they want with their money in the market. The thumb of public funds being pressed down onto that scale is just disgusting.
Sec Scott Bessent: "A single $1,000 deposit into a Trump Account at birth will grow to over $600,000 by the age of retirement. Trump is putting the American Dream within reach of every citizen, no matter the circumstances of birth."
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Inflation is so high $600k USD nominal might be a year of retirement expenses for the old millennials. It won't be a fart in the wind for a kid just born today.
Sec Scott Bessent: "A single $1,000 deposit into a Trump Account at birth will grow to over $600,000 by the age of retirement. Trump is putting the American Dream within reach of every citizen, no matter the circumstances of birth."
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They said the same thing about social security...
SCAM
It’s a shitcoin scheme with the biggest shitcoin
The purchasing power if the 1k will also be equivalent to 600k. That’s what they don’t say.
the BIG print
Dell and others are buying themselves the Too-Big-to-Fail status from the government.
Well, I prefer this Socialized Profits & Socialized Losses system over the old bail out model. Great that it's directed exclusively to the youth as well.
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Holy fuck 🤮🤮🤮🤮
They are scammers
That's a lot of inflation.
GOOD ‘OL SCOTTY B!!!! SPITTING BULLSHIT AGAIN - FUCKING SUITS JUST DON’T GET IT