Is making more money the solution to us pretending we can't make more money?
Why dont the just make it 100 trillion instead of 1T and solve the debt for like 15 years. The same reason 1t won't cause inflation is the same this won't.
Might as well mint the $infinity coin while we're at it. :think-about-it:
at least we'll get some kitschy movies about stealing the coin out of it
Everyone roundly shit on Trump when this idea was pitched a couple years back. I love how it is now a serious consideration.
THE MACHINE ATE MY 1 TRILLION DOLLAR COIN
THIS IS THE WORST DAY OF MY LIFE
A law from 2000 said the mint can make platinum coins but doesn't specify the denomination like it does with all the other coins
I don't get why people are saying the idea is stupid. The idea isn't stupid, the fact that the idea is needed in the first place is stupid. The idea itself is a decent loophole to get around limitations of how funding currently works without getting rid of those limitations (because we all know that's not going to happen any time soon).
Imagine seeing that they'd minted a $1T coin, and then counterfeiting that coin, lmao
The original coin was stolen in a heist, amd there are 4 in circulation. The expected value of this coin is 250 billion dollars.
I want to have it just for a second so I can watch my net worth skyrocket then crater. Having one of these get passed around would actually vastly improve loaning, in my stupid, worthless opinion, because it would be harder to calculate someone's "worth." It couldn't be spent or cashed for obvious reasons, so it would just go around and mess with interest rates