I wonder what the exit plan is. One time conversion of social security into Trump accounts and call it a day?
An executive order declaring a newly created legal entity is now the holder of all previous debt. The new entity has no assets or revenues, other than Trumpcoin.
Load all of your debt onto another enormous country. Go to war with them, make debt elimination one of the terms of peace
just want to say, whether you like the name/admin or not those accounts are a very good deal. Setting up one for a new born is a get-out-financial-mistakes (cc/student loan debt etc) free card when they grow up and get access to the money. If you're smart and can make some decent deposits in the first year or two that could easily become a buy-a-house-for-free card which would be an absolute treasure for kickstarting a young person's financial life.
It's too late for my kids but if i'm ever lucky enough to have grandkids part of their bday and Christmas gifts will be deposits.