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To: DeathBeforeDishonor1

Actually, I’ve heard this before and it actually makes as much sense as anything The 535 Group, Treasury and the Fed do most days.


2 posted on 03/21/2020 6:34:12 PM PDT by Paladin2
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To: Paladin2
Except no one could afford one. Besides it would have to be a really big coin. With the Federal Reserve we can just add it to the balance sheet which we already cannot pay off.

A 10 oz. platinum bar costs around 6,500 dollars, so it would take roughly 153,846,154 10 oz. platinum bars, or 96,153,846 pounds, to make a 1 trillion dollar coin. 8>)

Not sure anyone could deliver it to anyone, even if someone does have that kind of wealth to afford one. 8>)

27 posted on 03/21/2020 6:58:22 PM PDT by Robert DeLong
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To: Paladin2
>>I’ve heard this before<<

If I'm not mistaken, it was during Obozo’s years in office when this was tossed around.

63 posted on 03/22/2020 6:05:14 AM PDT by servantboy777
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