Trillion dollar Coin

[IXLR8]

Trillion Dollar Coin

There have been other countries that thought this a good idea. I will let the treasury make change for my $100 Trillion dollar bill....

I actually have a few of these. Before being discontinued, you could buy a loaf of bread with a few of them.

This is where our currency is headed. In 1980 the Zimbabwe dollar = 1USD. By 1997 it was 100 Trillion to 1USD.

Never say it can't happen...

 

[pronstar]

Prior to WWII, the German Weimar Collapse in brought unbelievable hyper-inflation.

The entire GDP of Germany in 1922 would buy a newspaper, or a loaf of bread, in 1923.

So I can see why a trillion dollar bill exists…but at that point it’s barely worth the paper it’s printed on.


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[Army 1911]

My dad, during WWII, had to bring his winnings home from a poker game in Italy with a wheelbarrow. Lira weren't worth much.

 

[Darkpriest667]

Complete madness, the sign of a dying society. It's why I have so much cryptocurrency right now.

 

[msharley]

Thinkin'??

Currency of the '20's?

Brass. Copper. Lead...

 

[IXLR8]

I bought a few of the 100 Trillion dollar bills. I lit a cigar with one. I just wanted to know how it feels to just burn a hundred trillion on a whim.

 

[RevolverGuy]

Trillion Dollar Coin

There have been other countries that thought this a good idea. I will let the treasury make change for my $100 Trillion dollar bill....
View attachment 280540

I actually have a few of these. Before being discontinued, you could buy a loaf of bread with a few of them.

This is where our currency is headed. In 1980 the Zimbabwe dollar = 1USD. By 1997 it was 100 Trillion to 1USD.

Never say it can't happen...

The way our Feds going, that’s not too far off.

 

[pronstar]

Complete madness, the sign of a dying society. It's why I have so much cryptocurrency right now.

For real…

Fixed-rate long-term debt at interest rates lower than inflation is also a great hedge


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[SQLGeek]

The people swearing this won’t cause hyperinflation are something else. Either they’re that fekking stupid or think we are.

 

[General Zod]

The way our Feds going, that’s not too far off.

Democrats seem dead-set on adopting the Weimar Republic economic model...Probably because they envision swooping in to save the day with socialism once they've wrecked the economy and sown chaos.

 

[WarBaby]

Usually a nation will put something they are proud of, or some type of achievement/accomplishment on their currency. Zimbabwe stacked 3 rocks atop one another. That must have been some kind of major deal to them, special enough to go on the face of the 100 trillion dollar bill.

 

[candcallen]

The people swearing this won’t cause hyperinflation are something else. Either they’re that fekking stupid or think we are.

I.e. AOC, horse face with an economic degree.

 

[Texasjack]

A trillion dollars? The commiecrats can spend that on useless projects in an afternoon and still get enough graft back to pay for their coke and hookers.

 

[TheDan]

The only reason they'd need to mint trillion dollar coins is if the Fed refused to keep buying t-bills. It's sort of a same-same scenario... That's assuming current monetary policy lasts. I think a change is coming.

 

[SQLGeek]

I.e. AOC, horse face with an economic degree.

I haven't decided if she's actually smart or not. There are times I think she is running a long con of the useful idiots. Other times I'm convinced she's an anti-MENSA candidate. Which means she's probably a plant.

 

[RevolverGuy]

Usually a nation will put something they are proud of, or some type of achievement/accomplishment on their currency. Zimbabwe stacked 3 rocks atop one another. That must have been some kind of major deal to them, special enough to go on the face of the 100 trillion dollar bill.

The rocks probably denoted the value.

 

[IXLR8]

Both sides just for the heck of it.

 

[pronstar]

A trillion dollars? The commiecrats can spend that on useless projects in an afternoon and still get enough graft back to pay for their coke and hookers.

And the best part is, it’s free!


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[SQLGeek]

Random thought:

Fed Reserve - we can make new money appear whenever we want.

Random Joe makes money appear out of thin air: A Federal felony because they're trying to protect the "integrity of the US Dollar". lol

 

[gll]

Usually a nation will put something they are proud of, or some type of achievement/accomplishment on their currency. Zimbabwe stacked 3 rocks atop one another. That must have been some kind of major deal to them, special enough to go on the face of the 100 trillion dollar bill.

I'm guessing it doesn't snow in Zimbabwe...