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Author Topic: Coin Collectors Attention!  (Read 216 times)

HankB

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Coin Collectors Attention!
« on: October 06, 2021, 10:15:23 AM »

The U.S. Treasury may mint a TRILLION DOLLAR COIN soon . . . as a way to deal with overspending & debt limits.   :facepalm:

https://www.axios.com/trillion-dollar-platinum-coin-mint-janet-yellen-223e7722-d7ba-47c9-b5f6-49a841d181de.html



At least the coin will be platinum, instead of worthless paper::

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Jim147

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Re: Coin Collectors Attention!
« Reply #1 on: October 06, 2021, 10:42:45 AM »

Can't wait until that is what a loaf of bread costs.
Sometimes we carry more weight then we owe.
And sometimes goes on and on and on.

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WLJ

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Re: Coin Collectors Attention!
« Reply #2 on: October 06, 2021, 10:58:29 AM »

Can't wait until that is what a loaf of bread costs.

Bread will cost zero dollars
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charby

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Re: Coin Collectors Attention!
« Reply #3 on: October 06, 2021, 11:04:10 AM »

Bread will cost zero dollars

$6 in 1972

Iowa- 88% more livable that the rest of the US

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lee n. field

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Re: Coin Collectors Attention!
« Reply #4 on: October 06, 2021, 11:13:03 AM »

The U.S. Treasury may mint a TRILLION DOLLAR COIN soon . . . as a way to deal with overspending & debt limits.   :facepalm:

https://www.axios.com/trillion-dollar-platinum-coin-mint-janet-yellen-223e7722-d7ba-47c9-b5f6-49a841d181de.html

I do remember that being a theme in one Simpson's episode.
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At thy right hand pleasures for evermore.

RoadKingLarry

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Re: Coin Collectors Attention!
« Reply #5 on: October 06, 2021, 11:16:33 AM »

The U.S. Treasury may mint a TRILLION DOLLAR COIN soon . . . as a way to deal with overspending & debt limits.   :facepalm:

https://www.axios.com/trillion-dollar-platinum-coin-mint-janet-yellen-223e7722-d7ba-47c9-b5f6-49a841d181de.html



At least the coin will be platinum, instead of worthless paper::



The paper is never "worthless". It can always be used to wipe your ass.
If ye love wealth better than liberty, the tranquility of servitude better than the animating contest of freedom, go home from us in peace. We ask not your counsels or your arms. Crouch down and lick the hands which feed you. May your chains set lightly upon you, and may posterity forget that you were our countrymen.

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Devonai

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Re: Coin Collectors Attention!
« Reply #6 on: October 06, 2021, 07:53:59 PM »

You can also put the coin up your butt and enjoy the cool, room-temperature sensation for a minute or so.
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Fly320s

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Re: Coin Collectors Attention!
« Reply #7 on: October 06, 2021, 08:20:53 PM »

Can someone explain this?

Quote
"Voila, we'd have bought ourselves the equivalent of a trillion-dollar increase in the debt limit, without any impact on inflation," says Diehl.

How can the US mint print more money, a trillion dollar coin in this case, to raise the debt ceiling without affecting inflation? 
Islamic sex dolls.  Do they blow themselves up?

MechAg94

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Re: Coin Collectors Attention!
« Reply #8 on: October 06, 2021, 08:44:36 PM »

Is this sort of a Babylon Bee site? 

The only application I can think of is to print several of these and send them to China zero our debt to them.  Then turn around and tell all our banks they can't accept it as legal tender.  Never happen.
“It is much more important to kill bad bills than to pass good ones.”  ― Calvin Coolidge