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In reply to the discussion: Suddenly, Lots Of Influential People Are Talking About The Trillion Dollar Coin Idea [View all]kelly1mm
(4,733 posts)28. If so, why don't we just end all taxation and mint 2-3 coins a year? That makes everyone
happy and there is no debt anymore! Right .......????????
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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