It’s too early to determine whether this prediction is right or wrong.

The claim is about what will happen by 2032: that the U.S. Social Security system will become functionally insolvent (e.g., trust fund depletion) and that this will in turn trigger higher taxes and/or inflationary policies shifting the burden to younger generations.

As of the current date (November 30, 2025), 2032 is still seven years in the future, and the key event in the prediction (reaching functional insolvency by that date and the specific policy response) has not yet occurred or failed to occur. While current projections by the Social Security Trustees and independent analysts often estimate OASI trust fund depletion around the early–mid 2030s, those are forecasts, not outcomes; we cannot yet say whether the system will in fact be functionally bankrupt in 2032 or whether the specific policy response (over-taxation and/or inflationary burden on younger generations) will happen in the way described.

Because the prediction is explicitly time-bound to 2032 and we are still in 2025, the correct classification is “inconclusive” (too early).