Non-interest bearing Treasury bonds.
Did it ever occur to these geniuses that perhaps that once the National Debt is paid off, taxes might be lowered to meet current revenue requirements?
It would be a nice benefit to stable American companies if their bonds became the new gold standard instead of the Treasury. People would be looking to lend companies money, who would then generate more wealth and the pie would grow. Instead, the Treasury sucks all the air out of the bond market, then wastes the money. Sad.
But that would require the Dems to admit that SocSec is not an "investment" plan but a Ponzi scheme which taxes current workers to pay the benefits of current retirees. The "Treasury Bond investment scam" allows them to continue the fiction that somehow your current SocSec is being invested for your future retirement. What if all Americans understood (as they are beginning to) that that's all a crock?