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In reply to the discussion: Suddenly, Lots Of Influential People Are Talking About The Trillion Dollar Coin Idea [View all]bemildred
(90,061 posts)33. It isn't, that's my point.
The Republicans are gaming the system (vote rigging, gerrymandering, Citizens United, etc.) because they would lose in an honest vote. That being so, there is no reason for anybody else to be scrupulous about anything that is legal.
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Suddenly, Lots Of Influential People Are Talking About The Trillion Dollar Coin Idea [View all]
PoliticAverse
Jan 2013
OP
i think it's fitting that a stupid problem (the debt limit) is solved with a stupid solution.
unblock
Jan 2013
#3
The idea that the fed can not create money out of thin air, but can mint a coin and say it is worth.
Agnosticsherbet
Jan 2013
#5
The money borrowed is for programs and spending allready approved by Congress...
Agnosticsherbet
Jan 2013
#21
I read the article and it's as "unblock" has said. the author is offering a silly tool as a way of
Bill USA
Jan 2013
#22
Yep, have to be Raygun, he of the low taxes and giant deficits. Or Bush the Lesser. nt
bemildred
Jan 2013
#35
When everybody is trying to game the system, you no longer really have a system.
bemildred
Jan 2013
#17
It's won't cause inflation because it will never make it into the real economy.
Odin2005
Jan 2013
#26
If so, why don't we just end all taxation and mint 2-3 coins a year? That makes everyone
kelly1mm
Jan 2013
#28
Actually it isn't even that, it is a marker that would add a credit to our fed account.
Warren Stupidity
Jan 2013
#31
I like that idea! After the 17 coins, lets just mint 2 more per year and end all taxes as well!
kelly1mm
Jan 2013
#27
PAUL KRUGMAN: Obama Must Be Ready To Mint The Trillion Dollar Platinum Coin
PoliticAverse
Jan 2013
#37