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.
We would have to sell California to raise the money to pay for this insane plan assuming we could find a buyer.
Dear Rep. Rashida Tlaib,
That proposal made by some goldbug to solve the deficit problem by minting a trillion dollar coin and depositing it was satirical. It was not intended to become one half of seriously-proposed policy.
Thank you for your attention.
Sincerely,
etc.
“The Trouble with Trillions” is the twentieth episode in the ninth season of the American animated television series The Simpsons. It originally aired on the Fox network in the United States on April 5, 1998.[2] It was written by Ian Maxtone-Graham and directed by Swinton O. Scott III.[2] The episode sees Homer being sent by the Federal Bureau of Investigation to try to obtain a trillion dollar bill that Mr. Burns failed to deliver to Europe during the post-war era.
Monopoly money.
so give more illegals a reason to pour over the border and use fake social security numbers.
Why not just deposit One hundred trillion dollar bill? (zimbabwe)
For a while, I thought Hank Johnson (re Guam might tip over) was the dumbest person in the House. Tlaib has officially won that crown.
*****
Key Point: The crisis never ends.
I fully expected this to be from ‘Babylon Bee’.
Next, she will suggest giving the coins to Raul Castro to hold onto, for safe keeping
Yeah, I used to watch the Simpsons.
While this is ridiculous it is only a little more ridiculous than minting a one trillion coin or a half trillion coin.
Americans need to work. We cant just print money.
If we already have the tool and die set up to mint trillion dollar coins, shouldn’t we just keep minting them day and night, endlessly?
Since there is no way to mint a coin that is actually worth $1 trillion, you may as well print $1,000,000,000,000 on a piece of paper.
Uh, she’s about 10 years late but, totally believable she would plagiarize another idea...
If I put that trillion dollar coin in a coke machine, I bet I dont get all my change?
Why involve the Federal Reserve and create more debt?
Congress can “coin money and regulate the value thereof”. Having coined two trillion dollars and depositing same in the Treasury, the Treasury can issue US Notes and deposit them into special accounts created for this purpose by all chartered banks using people’s social security numbers.
There is NO REASON to continue the system of creating money by increasing the people’s indebtedness to the Federal Reserve.
Tlaib for Presidnet!
Why not mint 328,000,000 $1-trillion coins and give one to everybody?