| Title | : | The Trillion Dollar Coin Explained |
| Lasting | : | 0.58 |
| Date of publication | : | |
| Views | : | 12 rb |
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Perfect Timing Comment from : @mirandamarion1007 |
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You incredible idiot Spending money we don't have is what got us into this Making a fake coin that says "ima gagillion dollers" on it only destroys the little faith the world still has in the dollar Comment from : @ColeDedhand |
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MINT THE COIN MINT THE COIN Comment from : @hcn6708 |
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The game is rigged from the start Comment from : @fitrianhidayat |
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THANK YOU ! Comment from : @nenriu |
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And yet again we find ourselves in the same situation Comment from : @eclipticarcher6008 |
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But the coin is really only worth like a few dollars in platinum How is that better than an IOU? Comment from : @alexabood2516 |
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In 2021, you American people are hilarious 😂 Comment from : @nanubhai7918 |
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End the Fed brProblem Solved There are no more streets to kick the can too Comment from : @duncanmacleod8855 |
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And here we are 2021 Comment from : @guillory1647 |
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Why not mint it? With all the other fake ways the government creates currencythis is nothing Comment from : @C-130-Hercules |
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Money only has value to whatever you give it value to you could make a coin out of wood and as long as everyone believed that it was worth a trillion dollars you have just made a trillion dollar wood coin Comment from : @Pineapple-Lord |
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There is no limit to the insanity we live in! Comment from : @PedrovanderMeer |
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We would cause less damage by being late on our debt and getting a GOOD solution than we would be by printing money and basically flipping China off for loaning us a dime Serious consideration of this is bad enough for people who are already uneasy about giving money to us, but actually doing it will cause irreparable damage to our reputation, the dollar's value, and our credit rating Comment from : @GlobalWarmingSkeptic |
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BECAUSE THE FED IS THE ONE THAT IS IN POWER NOT THE GOVERNMENT THE POWER IS THE DOLLAR AND THAT THE FED CONTROLS Comment from : @MrTruthhunting |
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Make it a BBBBBillion Trillion Comment from : @RPFS2008 |
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The real problem is Americans trying to avoid responsibility for the mess they made Comment from : @3001st |
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Attention Business Insider; this is a serious question
Why not just mint a $20 trillion coin? Comment from : @literallyhitler3059 |
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HAHA this comment made my day Comment from : @literallyhitler3059 |
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ok so what if someone steals it?, can it be sold for cash at a local store?, and if so how many trucks would it take to pack a trillion bucks? :D Comment from : @SholariFenway |
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trillion dollar coin is just another form of default Comment from : @nkprives |
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your local bank creates make believe value everyday Comment from : @darksidehero |
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That's what it LOOKS like but it's a different story behind closed doors Comment from : @3089280288 |
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Maybe this was asked before, but why just $1 Trillion? Why not $17 Trillion, or more like $100 Trillion to pay for the unfunded liabilities? Comment from : @groupflix |
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It wan't decrease value of money because it is not printing money Essentially they are pre-borrowing and creating a single coin to represent that borrow value and instead of spending it place it in the Fed so that we can pay our bills The money has already been spent, we are just borrowing in advance Comment from : @degraves2003 |
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