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Grant: Trillion-Dollar Coin Not the Answer
CNBC ^ | 10 JAN 2013 | CNBC

Posted on 01/11/2013 12:31:48 PM PST by BCW

you don't think this trillion dollar coin is the answer. that is an urban legend. yeah. okay. what we need to do i think, first ofall, is to speak clearly about this problem we this, this debt problem. for example, secretary of the treasury is not the secretary of the treasury. secretary of the debt. there are being no net treasurer in the treasury so we must be clear about that. we use the word trillion. 1 trillion is a million million. 1 trillion is an incomprehensible number we throw around and it numbs us, and we must speak of it in a weight.1 trillion is 22 million pounds of 100 bills.

(Excerpt) Read more at video.cnbc.com ...


TOPICS: Crime/Corruption; Culture/Society; Government
KEYWORDS: trilliondollarcoin
Yeah -- Idiocracy in real life
1 posted on 01/11/2013 12:31:52 PM PST by BCW
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To: BCW

The author is right........what comes after a trillion?


2 posted on 01/11/2013 12:33:05 PM PST by USNBandit (sarcasm engaged at all times)
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To: USNBandit

Armageddon ....


3 posted on 01/11/2013 12:38:47 PM PST by Kozak (The Republic is dead. I do not owe what we have any loyalty, wealth or sympathy.)
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To: USNBandit

what comes after a trillion?

REVOLUTION


4 posted on 01/11/2013 12:43:22 PM PST by History Repeats (sic transit gloria mundi)
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To: USNBandit

Infinity and beyond!


5 posted on 01/11/2013 12:44:39 PM PST by Vendome (Don't take life so seriously, you won't live through it anyway)
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To: BCW
As a prepper may I suggest Trillion Dolar Chicken Bullion Cubes!!!!

They will be worth about that when the SHTF!
6 posted on 01/11/2013 12:44:39 PM PST by Kartographer ("We mutually pledge to each other our lives, our fortunes and our sacred honor.")
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To: BCW
The author is right........what comes after a trillion?

Bankruptcy.

7 posted on 01/11/2013 12:49:42 PM PST by mountainlion (Live well for those that did not make it back.)
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To: BCW
The author is right........what comes after a trillion?

Quadrillion!

8 posted on 01/11/2013 12:50:59 PM PST by mountainlion (Live well for those that did not make it back.)
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To: Vendome

"What? It worked for David O'Keefe."

9 posted on 01/11/2013 12:52:43 PM PST by USNBandit (sarcasm engaged at all times)
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To: BCW

I wrote myself a check for 5 billion dollars.

I deposited it in my bank account.

Now I have no money problems. :)


10 posted on 01/11/2013 12:58:34 PM PST by Tzimisce (The American Revolution began when the British attempted to disarm the Colonists.)
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To: USNBandit
........what comes after a trillion?

100 Trillion.


11 posted on 01/11/2013 1:04:12 PM PST by Yo-Yo (Is the /sarc tag really necessary?)
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To: Yo-Yo

Does't look too bad, but I hear the ink makes kind of greasy, so Scott's TP remains the gold standard, so to speak.

12 posted on 01/11/2013 1:12:02 PM PST by Covenantor ("Men are ruled...by liars who refuse them news, and by fools who cannot govern." Chesterton)
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To: BCW

Caps uppercase button must be broke eh ?


13 posted on 01/11/2013 1:15:43 PM PST by mosesdapoet
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