The Trillion Dollar Coin

[Gunnen4u]

0

http://www.businessinsider.com/suddenly-...z2H0stnyVA

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.

[ralgith]

0

...

Can we just have another revolution already and put some people with brains AND class in charge?

[Gunnen4u]

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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.

[Twitchin Kitten]

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We already have that. Just visit any ghetto in any city in any state.

[LKTraz]

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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?

[Gunnen4u]

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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.

[ralgith]

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At this point, I could really give a fuck about the United States.

Amen.

Though for me its pretty much the whole world.