| Title | : | Could a Trillion-Dollar-Coin End the Debt Debate? |
| Lasting | : | 1.23 |
| Date of publication | : | |
| Views | : | 3,3 rb |
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It's a testament to the failure of the education system that so many people are this economically illiterate The trillion dollar coin wouldn't cause inflation because it does not increase the money supply in circulation That's the reason the answer to inflation is raising interest rates, as money not in circulation doesn't impact inflation Comment from : Cor scientia |
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Is the mint coin really worth a trillion dollar? Maybe biden should send mint coin to ukraine instead of dollar Otherwise, it's a scam!!! Comment from : qqaazz b1609 |
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Pay off your debts Comment from : Johan |
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Does anyone realize that this doesn't make any sense or different what so ever or am I just in a schizophrenic echo chamber Comment from : dylan tyt |
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lol😂😂😂 you need 32 big ones Comment from : Tom Tom |
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Democats needs to cut spending Comment from : Nunez Ink |
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no, its like instituting hyper inflation Comment from : hadaway colton |
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What the hell is going on? Comment from : ImAMassiveBender |
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Might add to inflation lol where did you graduate school ? It will 100 cause inflation… This is beyond ignorant Comment from : Daniel Steel |
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The trillion dollar coin is a bad idea, because it has the potential to undermine confidence in the dollar Unlike Quantitative Easing, which is a complex regulatory activity, the minting of coins is literally printing money (that is, printing money on metal slugs) The Federal Reserve does not have the power to mint coins or otherwise create money; instead, the Federal Reserve influences the money supply through credit markets by regulating the banking system By contrast, the Coinage Act gives the Treasury Department the power to mint new coins (The printing of paper currency is done under the auspices of the Federal Reserve Dollar bills are technically obligations of the United States to pay money and are not money per se) To set the precedent of printing trillion dollar coins to avoid compromise on a contentious political issue would cross a Rubicon, potentially leading to the loss of the US dollar's status as the international reserve currency by making the dollar too unstable to rely on Comment from : Bob |
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I have to work for my money but they just print as much as they want Comment from : Daniel U |
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Absolutely not Comment from : Shubham Srivastava |
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Just when you think stupid could not get any more stupider lol they will say and do anything that is crazy stupid Comment from : mike salmon |
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Nesara Gesare makes banks suffer world wide 🤭🤭🤭🇿🇦🇿🇦 Comment from : SOUTHAFRICA IS MY HOME |
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Didn't we go through this during the last crisis? Comment from : Felix Frost |
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Yellen clueless as usual Comment from : GiveMeEyeballs |
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I want one Comment from : Stuntz Stayslit2 |
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