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+---- Thread: The Trillion Dollar Coin (/thread-3475.html)
The Trillion Dollar Coin - Gunnen4u - 01-04-2013
http://www.businessinsider.com/suddenly-lots-of-influential-people-are-talking-about-the-trillion-dollar-coin-idea-to-save-the-economy-2013-1#ixzz2H0stnyVA
This is just another great idea that demonstrates what a bullshit ponzi scheme the economy and gov't spending is. They are going to mint a coin, claim it is worth X amount, and figure the debt will be covered once they drop it into the bank.
RE: The Trillion Dollar Coin - ralgith - 01-04-2013
...
Can we just have another revolution already and put some people with brains AND class in charge?
RE: The Trillion Dollar Coin - Gunnen4u - 01-07-2013
No, I think that is pretty much impossible anymore.
If we're going to be like Mexico or somewhere in South America, I hope we get to have the cool shit like cocaine and prostitution, turf wars and all sorts of other illicit shit.
RE: The Trillion Dollar Coin - Twitchin Kitten - 01-07-2013
We already have that. Just visit any ghetto in any city in any state.
RE: The Trillion Dollar Coin - LKTraz - 01-07-2013
How fucking stupid are these people?
It's the same thing as monetizing the debt. It's just that you print ONE coin out of thin air as opposed to a shitload of "Bennies"!
Won't cause inflation? Well no....I guess not. It will cause HYPER inflation. Wiemar Republic anyone?
RE: The Trillion Dollar Coin - Gunnen4u - 01-07-2013
At least it'll be pretty cool looking. I am thinking they could put it as a crown jewel for the head of the Federal Reserve.
And no, not Weimar Republic. More like....Zimbabwe, or other various African countries, or one of those destitute and stupid South American countries.
At this point, I could really give a fuck about the United States.
RE: The Trillion Dollar Coin - ralgith - 01-08-2013
(01-07-2013, 05:53 PM)Gunnen4u Wrote: At this point, I could really give a fuck about the United States.
Amen.
Though for me its pretty much the whole world.