Anybody Find the Trillion Dollar Coin Yet? :-)

[OtlFrutiger]

Here's an interesting solution to fix our country's debt problem. I hear that the White House will not be approving doing this, but still, an interesting solution for sure! And I would love to find one in a box of halves!!!

How could Washington avoid a debt ceiling default? Mint a few trillion dollar platinum coins. Seriously | AEIdeas

 

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[mtk76]

Ended up being clad, was a tag and release...

 

[enamel7]

Not to sound too political, but they show their stupidity just by the notion of this. Also, Congress would have to approve the measure. Anyway the ideas already been dropped.
HH
enamel7

 

[smokeythecat]

Oh, yeah, I lost that the, um, other day...um, just after the president gave me mine....if found, um, please return. $10 reward. Also have a bridge in New York I'd like to sell, cheap.

 

[Bum Luck]

The gang with the trillions aren't gonna fall for that one. That's why they have 'em.

 

[mtk76]

Economically that is how the debt will be paid off though, whether it is one big coin or just rampant inflation the principle is the same.

 

[Gold Maven]

It's always amazed me that our country can run on un-backed paper currency. It was a tough sell to leave silver and gold, but somehow they did it.

 

[fistfulladirt]

It's always amazed me that our country can run on un-backed paper currency. It was a tough sell to leave silver and gold, but somehow they did it.

Agreed, and that's why I roll hunt. Now what exactly backs gold?

 

[jeff of pa]

not gonna happen in the next 4 years at least

Treasury, Fed kill idea of $1 trillion platinum coins to avert debt crisis | Reuters