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The trillion dollar coin idea to pay U.S. debt

CNBC Television 43 views

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The debt is 34T
Comment from : @24theMoney

Why not a trillion dollar bill or a trillion dollar virtual points in my bank account, or do trillion dollar pennies
Comment from : @jimmynolet3752

Sticking to a budget was never an option :V
Comment from : @Alex-sn7gu

How about a suitcase full of handwritten IOU’s, like Dumb and Dumber?
Comment from : @ericmaher4756

NETWORK MARKETING SINGUP LINK SEND ME PLZ
Comment from : @mamunchowdhury7039

‘every country in the 3rd world should have at least one of these magic coins’
Comment from : @kene8008

Terrado share fund!??! Trillions
Comment from : @joshuaterrado9654

Why stop at 1 trillion?
Comment from : @pozzerbob

This is a stupid idea
Comment from : @daviddaniels5356

Utterly ridiculous, we need the feds out of the printing business
Comment from : @luiscruz8722

XRP
Comment from : @getkickin

this country is a gimmick sense slavery
Comment from : @jajack9537

What a joke
Comment from : @xrpvegas5407

Can America afford to pay its debtdo China have a trillion dollar coin
Comment from : @jackiechan3509

How many soldiers died believing the debt is caused by World countries
Comment from : @jackiechan3509

Debt? Who owns the Earth?
Comment from : @yaphet8574

stupidwhy not just get a sticky note and put ' 30 trillion dollars ' and poof therei mean really folks if you think 30 trillion is badwait another 20-30 years wen its 60-80 trillionit'll keep going up, as long as the US keeps blowing cash on wars and military and neglects its own people , roads, bridges,infrastucture, healthcare system, and jobs- it'll continue that 30 plus year decline, the thing is though even though this started decades ago it takes time to see REAL effects- you're seeing those now- nobody trusts the gov anymore, nobody trusts the media, and everyone is pointing to civil war 20- US going the way of rome
Comment from : @thekarentrap1255

Oh god, this is so stupid
Comment from : @Oldstalk

The inflation you're seeing now is a good thing
Comment from : @johnventer9476

When i heard this new, now i know dollar is worthless Without petrodollar dollar value decline drastically
Comment from : @bryancabandong1476

That is dumb idea Who countries willing take that money when they cant even spend it because of high value
Comment from : @bryancabandong1476

Why not take your sh it out off CNBC toilet and say that's with $1 trillion same thing
Comment from : @brap5829

Just make 29 of them and wipe the debt clean lolbrHand out Million Dollar quarters as well why not? It's just money right?
Comment from : @bobbrownintruth

Imagine buying a can of soda from a vending machine with this coin
Comment from : @nooriiceda

The start of "cooking the books" That's what it's called right?
Comment from : @johnalver

Recession is not the fear of Americans it’s The Greatest Depression that mankind will ever experience is the fear and the cannibal will live feasting on your flesh women So get back in church on your knees praying for mercy on America and it’s children!
Comment from : @f1s2hg3

Gimmick Yellon called coins a gimmick? Stupid
Comment from : @f1s2hg3

Welcome to the idiocracy
Comment from : @smack_dab

You could just pull all funding from Israel
Comment from : @user-zu9yp4xx8g

Or they can revalue gold at 50k and pay most of the debt 💸
Comment from : @doubleaa658

I’m gonna do this with my bills
Comment from : @animalanimal7939

The secret of your future is hidden in your daily routine Successful people do daily what the unsuccessful only do occasionally!
Comment from : @kailam8137

Or they could instead put money from the military budget towards the debt instead of plunging the USA into a recession
Comment from : @keizacassie6882

This now looks like Onion News Network
Comment from : @Channelname-d9z

🤣🤣🤣🤣
Comment from : @xila-man8249

The world should decoupling with bankrupt america to avoid being rob by the us dollar paper junk
Comment from : @greedyinvader9462

Tell me how you destroy the US dollar without telling me how destroyed the US dollar Inflation will be a million times worse
Comment from : @JohnDoe-qk7vm

So just make a coin and say it’s worth 1 trillion did a child make this up or is this real
Comment from : @bossman_420

Im glad we're finally thinking responsibly
Comment from : @thepatriot9935

If this doesn't prove our money is now nothing, nothing will
Comment from : @quinnmoore5985

Just buy 30 tril Shiba inu coins and wait till it reaches $1
Comment from : @GD15555

Soon America will realize, while we were arguing about the trivial left/right differencesbr5 years have been wasted, leaving only 7 to devise a global strategy which adequately addresses climate change [as per climate scientists 2017]brWithout a united effort, there will be no quality of life benefits or spoils of war, to be enjoyed by the so called winning party brThe sooner We realize, We are All aboard the Same sinking ship, the better Our chances of their being a tomorrow
Comment from : @markgenn8967

These are the idiots running our country right now
Comment from : @VR-oy3fu

Award winning Economist Paul Krugman's quote about the internet in 1998: "By 2005 or so, it will become clear that the Internet's impact on the economy has been no greater than the fax machine's"
Comment from : @abecore

The United States will fall It's not if, but when
Comment from : @frankprior9376

Now BTC is almost worth $60,000
Comment from : @nagasako7

Congress is showing the world nothing but reruns of Groundhog Day
Comment from : @pennyroyal3813

Is that a doctor evil impression? Lmao
Comment from : @ErickOberholtzer

Is it going to have bidens face on?
Comment from : @bradlybellant3975

🤣😅🤣😅 🤣😅😂🤣😅😂😅🤣😅, now seriously ?
Comment from : @lifesgood6480

Like a 1 trillion dollar coin could really solve the problem Now a 10 trillion dollar coin 😏
Comment from : @gabefly

The wheels are coming off Get ready for a bumpy ride
Comment from : @Dmoney12346

I'll sell you a bridge
Comment from : @______--_

Big shocker that Paul Krugman thinks it's a good idea
Comment from : @evankoch2575

Have yall ever lost a quarterwhat I somebody lost the trillion dollar coin??
Comment from : @mikehouse4635

Congress should purchase 1 million Bitcoins
Comment from : @gffilm

Utter nonsense
Comment from : @afterdark6822

You are not allowing for fractional reserve banking system This would more than likely be made into 100's of trillions at the first transaction, once re deposited and loaned out a 2nd time the US is into 1000's of trillions of dollars in currency creation There is a reason why the hyper wealthy are making money at astrochemical rates and why some people now can't afford bread
Comment from : @golddiggerdave

Is this for real? They can just make a coin for 1tn and everything is ok
Comment from : @donaldmack2307

Sounds like they could just call the federal reserve and say “credit my account” Why does the reserve care if there’s a coin to represent that trillion or not? It’s just another sleeved coin in a drawer Or worse, some display piece for the public to gander at, requiring space to display, lighting, extra security (You know Nicolas Cage wannabes would be a problem)brbrThis is silly If they mint the coin I hope the face is a clown laughing hard with sad clown paint on Rainbow wig, fake red nosebrOn the reverse the wrinkled, liver spotted hand of Uncle Sam flipping us off, backed by a bald eagle tattooed up like that mumble rapper that snitched and became a meme
Comment from : @happyplace8452

Stupid idea We already have Jah coins One Jah coin is worth 10 trillionMoonlight yuh spotlight yuh
Comment from : @Rosecrans27

If I owed you a million dollar and Instead of giving you actual million dollar or million dollar worth of land or other materials I fooled you and created a coin which costed me about a thousand dollar at most Would you take that coin from me and be happy about it?
Comment from : @crazyhq270

Exactly what the Germans did after WWI
Comment from : @BibleIssues

She didn't explain at all how this possibly worksbrbrWhy not mint a zillion dollar coin and never have a debt ceiling crisis ever again?
Comment from : @LightBrand

Can't the Federal Reserve Bank just credit their account ex nihilo? And call it Quantitative Easing?
Comment from : @kerryrus

The Central Bank of Zimbabwe wants their idea back
Comment from : @jeffparkhurst8607

Lol
Comment from : @Nextbigdeal

Thats the last face i want to see on a coin,joe biden isnt even worth the flesh hes in
Comment from : @andrewmoss1055

how does it work? the material value does not match its face value in existing circulation coins In another word, the minting trillion dollar coin, wont have the material cost of 'trillion dollar' in platinum metal?
Comment from : @iammm66

I want one of these!!!! ❤️❤️❤️😈
Comment from : @BearMeat4Dinner

😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂the jokes write themselves
Comment from : @tsheposeanego5582

And these guys are in charge ? Man we are screwed
Comment from : @stootsmcgoots

Child: Why can't we just print money for everyone?brUS Mint: My god this kid is on to something!
Comment from : @HoLeeFuk69

The most centralized crypto
Comment from : @greydotjaguar

This is worse than bitcoin
Comment from : @dschannel5273

Sounds like USA is going to be like Zimbabwe
Comment from : @ClwnJuNkY

You will collapse the dollar if they do it, only a fool thinks it is a good idea, the US dollar is not backed by anything, it is a fiat currency, you erode the faith that it has value (and minting a useless coin will destroy that) and it will collapse Most of you live in cities, you have no access to food nor any way to barter for it
Comment from : @PD-yd3fr

Can we just end this country? Stop this suffering Trillion dollar coin, wtf
Comment from : @jameson3500

Just buy Bitcoin instead it will appreciate over time
Comment from : @YorktownUSA

Mint the coin!
Comment from : @rylaczero3740

Wow it's almost like our government is on the way to purposefully cause hyper inflation The dollar is becoming useless
Comment from : @hunteraltman4762

Buy Bitcoin
Comment from : @economiclessons5356

Zimbabwe tried to solve their problems by printing a $100 trillion bill 🤦🏼‍♂️brIt didn’t work, of course
Comment from : @robmckay5700

The thing is the Debt ceiling was already high even before Biden took office because the Republicans raised it three times during the Trump era So, it seems to me the one you need to look at is Trump and not Biden since he's and the Republicans are the ones who raised it in the first place
Comment from : @georl1

Printing "FUNNY MONEY" now!
Comment from : @johnbruckner4681

oops i lost it xD
Comment from : @javier01123

What if somebody steals it? Could you trade it for pesos< Buy a pack of gum and leave the change
Comment from : @ernestworkman6934

More fake money backed by nothing 😂 brThe real “gimmick” is the irs, fed and imf Let’s talk about abolishing those first
Comment from : @bigmoneywalking2679