Pretty nice of him, although that would only leave him $1 Trillion...and who could live on that?
Hell, if he had 4 trillion he’d already be paying close to 3 trillion to the govt anyway in taxes.
So, if they can do it why can't the govt.? Just reprogram the PC's and we're out of debt.
He’s an enabler.
I knew I should have gotten into restaurant management.
if he did that he would be a national hero
Reggie is going to be in a world of crap when the IRS sends him a tax bill for more than a trillion dollars.
Problem is Congress would also have seen it as a three trillion dollar windall and spent 7.
That’s a false headline. Quotation marks shouldn’t be used by journalists to convey irony or sarcasm.
Pretty soon - we’ll all be trillionaires.
With Fedzilla’s spending habits and no incentives to save - it’ll take $10,000 just to buy a loaf of bread.
Now add the fact that there are an additional 85 trillion in off the books liabilities for Social Security, Medicare, and other.
Now add in the fact that about half of the households are unable to support themselves.
We are way upside down and the first high wind that comes along will be a disaster.
Where did he get three of those trillion dollar coins? Better not give Barry any ideas.
I hate when that happens
I can’t even remember when I had 4 trillion dollars.
We were so CLOSE!
BTW, what happened to that $1 trillion coin? We only need 17 of them to close the deficit!
I’ve never had more than $896,921,235,912.46 in my account.
How an international debt jubilee might be engineered.
Perhaps it wasn’t a glitch but a controlled software test. The government engineers a planned period of hyperinflation and then electronically “inflates” everyone’s bank accounts by a certain ratio while keeping old debts at old 2013 dollar levels. Everyone then can pay their old debts and the government institutes a special tax until the public debt is settled while everyone remains with lots of dollars in their accounts.
Sure prices are also very high but then steps are taken to withdraw “electronic” dollars from circulation and also shrink everyone’s bank accounts by a certain ratio but not to the previous levels before the “hyperinflation period” takes place. Prices will fall as there will be fewer dollars chasing goods though they will remain very high relative to the pre”hyper-inflation” period.
However, everyone one will either be millionaires or billionaires relative to what they had before the “hyperinflation” but there will be no more public and private debt...the economy will zoom. Steps are taken to harmonize with other nations who will undertake similar measures with their currencies and voila...even international debts between nations also..just vanish...poof!
The catch: Everyone has to be chipped and marked. Computers and careful regulation control industrial output and financial markets. Run afoul of the system and one is starved out and ostracized until behavioral compliance is again achieved (or one dies or is executed). No freedom as everyone must bow to the whims of those who control the system. All black markets are exposed and attempts to hack the system are squashed harshly with measures that include lethal methods and sentences.
Oh did I say that the ruling elite will be inherently fascist and ruthless. The only freedom anyone will have is to cut all electronic ties and go deep into harsh wilderness areas or regions that make it economically unfeasible to pursue a miscreant...the reasoning being that when you are hungry enough you will surface again....
$3 trillion.. almost enough for 1 yr of spending