Posted on 02/27/2025 3:33:35 AM PST by EBH
Rep. Joe Wilson, R- S.C., announced that he plans to put forward a proposal for the development of a $250 bill that features President Donald Trump.
"Grateful to announce that I am drafting legislation to direct the Bureau of Engraving and Printing to design a $250 bill featuring Donald J. Trump," the congressman declared in a post on X.
"Bidenflation has destroyed the economy forcing American families to carry more cash. Most valuable bill for most valuable President!" he added.
Current U.S. law indicates that only the portrait of a dead person may appear on U.S. currency and securities.
Wilson, who has served in the House of Representatives for more than two decades, is not the only GOP lawmaker who wants to honor the current president.
Rep. Anna Paulina Luna, R-Fla., put forward a measure last month that calls for Trump's likeness to be added to Mount Rushmore.
(Excerpt) Read more at foxnews.com ...
Now a proposal for a large form currency bill...
Are they proposing this to honor Trump or because we are about to see a round of hyperinflation and the new bill is a bit of deception for the public.
If they want a new currency introduced...back it by 'gold.' That is the only kind of currency fitting for President Trump.
When President Trump passes away he should be put on the bill. Not until then. These are unserious proposals by unserious people who should be passing his agenda instead.
Put Trump on the nickel, for squeezing dimes from nickels.
Only if we can make a series of half cent coins with Biden, Obama, Clinton, Pelosi, Schumer, and Schiff on them.
I would love to see Ronald Reagan on a currency, even if just a limited edition for collectors..
Barry already has the $3 dollar bill with his picture
Also, I’d think with all the spending cuts and lowering debt, the value of the dollar would increase.
I hope it passes just to watch the Libs heads exploding all over the place.
“Weare about to see a round of hyperinflation…”
Can you expound please.
Bill Gates has one...Lady Gagme has one...
It won’t....No living persons on currency....by law.
Stooooooooooooooooooopid idea, we don’t need this nonsense $250.00 bill, smh.
One would think the spending cuts, finding fraud, etc. it should be increasing the value of a dollar, but the overall debt is so huge so far it is having little effect.
I really wish someone in the Administration would speak up regarding the true financial risk we have been put into. Part of the “process” of what DOGE and Trump are trying to do is a round of hyperinflation. It is just part of the process of straightening things out. The American people are not ready for that to happen, they are going to be blind-sided. And since we have mid-terms in this country it could be a catastrophic event, losing the midterm elections.
I am praying this all works out in the end. I do believe Elon when he says they are trying to the country. I comprehend what is happening and why, as far an a self-taught economist has the ability to understand. If they succeed...we have a recession. If they fail...we reset the entire monetary system most likely back to a revalued gold standard. During that revaluation is where the hyperinflation hits, but it then settles down. (Auditing the actual gold we have is part of the preparations).
Many have a normalcy bias to the impending events. Democrats are throwing obstacles as lawfare, and regulation burdened government is being strangled. The last wrench in the works is Jerome Powell. Some see him as a saboteur in waiting, the truth is he’s backed into a corner unable to raise or lower rates. Keep in mind The Federal Reserve is a private bank, not part of the government. They just manipulate the debt based monetary system.
Ping to #14
The Dangers of a US Sovereign Wealth Fund
https://youtu.be/B_ZqSv-WuIs?si=UM-Qvri3Pzq6lsIZ
TIMECODES
00:00 Trump signs executive order for a U.S. sovereign wealth fund
00:32 The risks of a government-controlled investment fund
01:07 How sovereign wealth funds breed fraud and corruption
02:37 Why politicians have no skin in the game with public funds
03:24 The dangers of unlimited government-controlled capital
05:24 Historical lessons from the Mississippi Bubble
07:00 Could the U.S. sovereign wealth fund trigger hyperinflation?
08:48 The potential benefits of a sovereign wealth fund
10:05 The role of U.S. gold reserves in funding the program
12:14 Challenges in funding and implementing the sovereign wealth fund
13:17 Political greed and the risk of mismanagement
13:49 The final cost: Who really pays for this?
14:11 Should the government control wealth, or should you?
Please. Wait until he has died.
Remember when a $100 bill would support you for week? I do. We need monetary unit with the buying power of the 1975 dollar.
I say get behind the Harvey Milk two dollar bill.
Stop the Penny, nickel and quarter. Make 10, 20 and 50....Haven’t seen a 50 cent piece in ages.
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