I remember a couple of years ago there was some buzz about the treasury minting a trillion dollar coin. Seems the news loves making click-bait out of this one.
I’ve always wondered if Numista would add treasury bonds to the catalogue.
I’ve got one treasury bond from 1945-46 and maybe another (I can’t remember) from the 60s as well.
Hi to whoever is reading this. Did you know that TYPEWRITER (on a QWERTY keyboard) is the longest word you can type using only the letters on one row of the keyboard.
I like the idea of a $1T coin being made, just make sure there's an asterisk on the bottom of the coin card that reads: "this coin is not legal tender".
Quote: "OhLook!ACoin!"I like the idea of a $1T coin being made, just make sure there's an asterisk on the bottom of the coin card that reads: "this coin is not legal tender".
That would 100% defeat the purpose of making the coin.
its not even economically possible to to that. its creating money, forgiving the debt then maybe destroying it. sad that people don't understand economics
The reason why they wanted to mint this coin is the ease the debt. Problem is they are not solving any issues at all. Lmao...
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Quote: "legoww"its not even economically possible to to that. its creating money, forgiving the debt then maybe destroying it. sad that people don't understand economics
The government understands economics. What they are doing though is use loopholes in the law to try and free up and extra trillion USD for more stimulus checks and 3.5 trillion USD infastructure bills.
The reason they haven't done yet it though is because it actually doesn't work.
Quote: "legoww"its not even economically possible to to that. its creating money, forgiving the debt then maybe destroying it. sad that people don't understand economics
The government understands economics. What they are doing though is use loopholes in the law to try and free up and extra trillion USD for more stimulus checks and 3.5 trillion USD infastructure bills.
The reason they haven't done yet it though is because it actually doesn't work.
Its all a joke, just poetical theatre trying to play defy the laws of economics. they might be trying it soon with alot of there quote "smart" senators who think they know what's best for others.
