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In reply to the discussion: Krugman: Be Ready To Mint That Coin [View all]unblock
(53,916 posts)25. those real assets at best but produce legal tender
which is no more or less silly than the trilliion-dollar coin.
how is a trillion dollars worth of cash produced through treasuries or mbs and better than a trillion-dollars worth of cash produced by minting it? yes, effectively it increases the money supply but that's really what congress does when it authorizes the spending in the first place.
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The scene of the Boston Tea Party on the back might be most appropriate, though.
RomneyLies
Jan 2013
#50
Anyone else think it's funny that you can just make yourself a trillion-dollar coin?
TwilightGardener
Jan 2013
#5
Those things always give change in Susan B. Anthony or Sacajawea dollar coins
slackmaster
Jan 2013
#10
Imagine going to the local 7-11 and buying a Moon Pie and an RC Cola with it!
Buns_of_Fire
Jan 2013
#26
Paul Krugman won the Nobel Prize for Economics and he seems to think that one may be needed.
Nye Bevan
Jan 2013
#23
Hmmm... Jeremy Renner as the high strung sidekick or Mark Ruffalo as the extroverted sidekick?
Initech
Jan 2013
#53
That $1 trillion dollar coin is interesting, but it's not something we should seriously
BlueCaliDem
Jan 2013
#44
Reminds me of that Simpsons episode with the trillion dollar bill that Burns stole...
Drunken Irishman
Jan 2013
#51
"If it's a crime to steal a trillion dollars and hand it over to Cuba then I'm guilty!"
Initech
Jan 2013
#52
It should have Dick Cheney's face on it, along with his quote, "Deficits don't matter." (nt)
scarletwoman
Jan 2013
#65