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  1. 01-10-2013, 01:46 #1
    Dave_L
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    Default Trillion dollar coin?

    Sure, why not?!

    http://m.washingtonpost.com/blogs/th...uclear-option/
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  2. 01-10-2013, 03:17 #2
    JM Ver. 2.0
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    So... Let's pretend for a minute... That this happens...

    A 1 ounce coin worth $1 Trillion.... Would then 1 ounce of platinum be worth $1 Trillion or am I insane?
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  3. 01-10-2013, 04:23 #3
    Colorado Osprey
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    The big deal here is not the denomination stamped on the coin, but the thought that the Federal Reserve is gonna mint one, two, heck a hundred?
    Anytime these are made it is the same as the govmt printing a trillion dollars. The value of the American dollar becomes worth less on the international market. This in turn increases inflation and in essence you personally just took a pay cut as your money is now worth less.
    Even if one gets made consider your money worth almost 10% less than it was the day before.
    I say lets all remove the warning labels and let nature take its course.
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  4. 01-10-2013, 05:41 #4
    JM Ver. 2.0
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    Quote Originally Posted by Colorado Osprey View Post
    The big deal here is not the denomination stamped on the coin, but the thought that the Federal Reserve is gonna mint one, two, heck a hundred?
    Anytime these are made it is the same as the govmt printing a trillion dollars. The value of the American dollar becomes worth less on the international market. This in turn increases inflation and in essence you personally just took a pay cut as your money is now worth less.
    Even if one gets made consider your money worth almost 10% less than it was the day before.
    I'm aware of the big deal... I'm just curious if I should buy some platinum or not...
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  5. 01-10-2013, 05:55 #5
    alxone
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    Quote Originally Posted by JM Ver. 2.0 View Post
    I'm aware of the big deal... I'm just curious if I should buy some platinum or not...
    platinum is pretty expensive so resale is a bitch . stick with silver and copper , most folks just wont drop the cash on even a 1/10oz gold/platinum
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  6. 01-10-2013, 05:57 #6
    JM Ver. 2.0
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    Quote Originally Posted by alxone View Post
    platinum is pretty expensive so resale is a bitch . stick with silver and copper , most folks just wont drop the cash on even a 1/10oz gold/platinum
    See... You're taking it all serious too... Oh well. I guess I'll just keep the humor I see to myself...
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  7. 01-10-2013, 06:09 #7
    alxone
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    why not take it serious ? ohhhh you were trying to make a joke with any smiley faces , oh wait ................




    .....................


    ..................
    now i get it

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  8. 01-10-2013, 06:22 #8
    AirbornePathogen
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    Just reminds me of the episode of The Simpsons with the trillion-dollar bill. And just as ludicrous.
    "We've done the impossible, and that makes us mighty."
    Nathan Fillion, "Firefly"
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  9. 01-10-2013, 06:26 #9
    alxone
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    Zimbabwe tried something like that and it crippled their economy
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  10. 01-10-2013, 07:25 #10
    Rucker61
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    NPR interviewed a prior coin designer for the States quarter series, and he suggested that the only appropriate face for this coin would be Ponzi.
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