Posted on 01/03/2013 4:36:21 PM PST by blam
Okay, lemme guess, it’s “Three-Year-Olds Run the Economy Day”?
We should mint a lot of them. If Congress continues spending like Obama is a drunken sailor, then we’re all going to need those trillion dollar coins - for bus fare.
The day the US Treasury prints a Trillion dollar coin, that will be the clearest signal yet to hoard gold, silver and ammunition, get rid of all paper assets, especially all Gov’t bonds, and make sure your loved ones are safe.
Because at that point, we will have become Zimbabwe.
May as well simply print trillion dollar bills, it’s economically just as valid an exercise. I suggest Groucho Marx for the bills portrait.
They stole that idea from the Simpsons. Monty Burns once had a Trillion Dollar bill.
No, we have the Fed to do that for us. sheesh.
Great idea. Just mint and give one to every man, woman and child in America. Then let the feds tax it at 50%. Feds have scads of cash and everyone is a multi-billionaire. Win-win for all ... what could go wrong?
Homer Simpson: “Here trilly, trilly, trilly....”
Obama’s picture on one side and a picture of the DNC’s mascot on the other side. That will work!
The government has built a house of cards on the perception of value in the paper dollar, and a platinum coin the size of a silver dollar has more weight than that house of cards can support.
Once Joe Average figures out that sixteen of 'em represent payment for the ENTIRE US government debt, the platinum will hit the fan.
On Obama spending like a drunken sailor....this is not true, drunken sailors spend their OWN money!
That would be too late. The day that it is suggested that "the US Treasury prints a Trillion dollar coin" ... isn't quite too late (nudge nudge).
This would not result in massive inflation, because we wouldn't have a gigantic injection of new money into "the system." That is only achievable through massive spending beyond which the economy can handle.
*cough*
These people are probably sitting around laughing their butts off. Why not? The American populace is stupid enough to believe it. Which makes them laugh even harder.
All they have to do is tell the MSM propaganda crew to go for it.
He'd probably drop it and lose it in a storm drain on the way over to the fed...
3 year olds playing 3 Card Monte
Not really too outlandish.
By the day Obama, Geithner and Bernanke are done it will take a Trillion Dollar coin to buy a used Ford Pinto.
The next day it will cost even more.
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