[Plantagenet]

BO's people were asked directly by the press if they were going to mint a
Trillion dollar coin and they refused to rule it out


No word yet whether BO will also use his magic beans

[Revi]

The biggest problem with the trillion dollar coin is that it might tip the masses off that the whole economic system is nonsense, and then the whole game falls apart. It's falling apart now anyway, but this would be a bit too much. If the economy is like a monopoly game right now most of us are hoping we'll hit free parking or staying in jail as much as we can. The big players have hotels on all the properties and are fighting it out. We're in real trouble, but only a handful of people know it.

[EdwinSm]

It must be true - I found a picture of it on the internet:

and a nice poem about it:
$this->bbcode_second_pass_quote('', 'W')ith the Debt Ceiling coming up soon, it
Is time (although some may impugn it)
For coining a halt
To a US default
With a really big monet'ry unit.

A one-trillion coin, it is said,
Could be minted and shipped to the Fed,
In order to pay
What the US of A
Might be forced to renege on instead.

This sizeable denomination
Would be kept out of mass circulation,
The better to sidestep
That such an untried step
Precipitates hyperinflation.

When Republicans finally come round
From running bond issuance aground,
It's back to the Mint
For the Coin, where its stint
Will be wound up with melting it down.

So let's mint The Coin out of platinum!
Though objections there be, we may flatten 'em.
There are ways besides cash
'Round the Debt Ceiling clash,
But there's nothing as clever as that in 'em.

[Keith_McClary]

Get your $100,000,000,000,000 bill today! Or buy ten and you'll have a quadrillion (Zimbabwean) dollars.

[Kez]

$this->bbcode_second_pass_quote('Revi', 'T')he biggest problem with the trillion dollar coin is that it might tip the masses off that the whole economic system is nonsense, and then the whole game falls apart. It's falling apart now anyway, but this would be a bit too much. If the economy is like a monopoly game right now most of us are hoping we'll hit free parking or staying in jail as much as we can. The big players have hotels on all the properties and are fighting it out. We're in real trouble, but only a handful of people know it.

[Revi]

Well they nixed the coin idea, but they might try something similar and not tell us. We are in big trouble. Did you know that the Chinese bought 4 times as much gold as they did T-bills last year? The Fed is the biggest customer for those nowadays. Once the whole game goes down it is going to be painful. Fiat currencies last about 40 years on average, and we are at 42 if you call the end of coins having silver content the point where we went to a totally fiat currency.