The $5 Trillion Coin (user search)
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  The $5 Trillion Coin (search mode)
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Author Topic: The $5 Trillion Coin  (Read 2186 times)
Lief 🗽
Lief
Atlas Legend
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Posts: 45,023


« on: July 30, 2011, 03:14:01 PM »

Yes, this is the best option at this point. As an added bonus, we'd get a nice bit of inflation as well. And it would drive the Paultards crazy.
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Lief 🗽
Lief
Atlas Legend
*****
Posts: 45,023


« Reply #1 on: July 30, 2011, 05:59:35 PM »

i'm sure the markets would just love the idea of a 5t coin

I'm sure the markets would just love a second, even worse recession.
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Lief 🗽
Lief
Atlas Legend
*****
Posts: 45,023


« Reply #2 on: July 30, 2011, 09:20:45 PM »

i'm sure the markets would just love the idea of a 5t coin
I'm sure the markets would just love a second, even worse recession.
which is exactly what a 5t coin would give us. 
Please Elaborate.
if I have to elaborate, then there is no need to explain it.  but if you need an example, try it yourself:  get some cement and make yourself a concrete round coin stating that it is worth $100k and walk down to your local BMW dealer and try to buy a 7 series with it.

Oh, I forgot that the United States has the authority of a dude who wants to buy a car.

If the treasury says the coin is worth $5 trillion, the coin is worth $5 trillion.
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