$1000000000000 coin
The 1 trillion dollar coin is an extremely controversial topic. One side says: "it will bring down inflation." While another says: "dont do that its bad idea it will ruin the econemy."
so, what are your thoughts on it? Would it make a cool coin or would it ruin the econemy as we know it today?
Comments
I. R. Bama
Level 5
Uhh.... Do you think there would be any need for a coin like that if the government had enough money to buy a trillion in platinum? If they did maybe there wouldn't be a national deficit. But there is The fact is we are in debt so deep you y n's.... Your great grandchildren are going to be paying for the debt we racked up. We dont even have a receptical to micturate in as it is. A trillion dollar coin is about as useful as the tower of Babel
CA, Coins and cash
Level 3
nice comment and very funny to
Longstrider
Level 6
Please!!!
Kepi
Level 6
Another ridiculous idea from the government... ; )
Mike
Level 7
It will be on ebay when the price drops. Hats how ridiculous it is what's backing it?
CA, Coins and cash
Level 3
well i will be waiting for the day (and saving up for) it comes out on ebay!
thatcoinguy
Level 5
They had a bunch of platinum bullion planchets (one ounce) so the plan was to melt them all down until you had a hunk of a trillion dollars in platinum. Horrible in practice because it would be twice the size of the Eiffel Tower.
I. R. Bama
Level 5
Very bad idea. The plan is to take a one ounce platinum planchet and stamp it with a trillion. You may stamp any amount you like. Why not 52 trillion? It's still only worth a little over 1 large in real money. Just because you mint a large denomination coin, it won't make a difference because it's essentially worthless.
I. R. Bama
Level 5
Coin week left me with a very different impression. They were the source for my comment
thatcoinguy
Level 5
I think it is a good idea in theory, bad in practice. Be sure to check out my blog on the trillion dollar coin, too!
I. R. Bama
Level 5
Respectfully, what theory would that be? And if it's bad in practice then your theory is seriously flawed! Lol!
CA, Coins and cash
Level 3
Thanks! i will
Golfer
Level 5
1 trillion dollar coin. What happens to it? Same as printing more money? If it's a museum piece, nothing happens. If it's used to pay debt, then a lot happens.
CA, Coins and cash
Level 3
true
AC coin$
Level 6
Good ldea. Seems that our Nation is going to face a rough time . We will prevail . We have to think in past times and the future and, we must invest smartly .
Mike
Level 7
There is no instant cure for our debt. Why not make it 29. Trillion and get out of debt.!
CA, Coins and cash
Level 3
but inflation takes care of that so no 29 trill coin for the government
CA, Coins and cash
Level 3
true hahahah