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[–] 23031041? 0 points 1 point (+1|-0) ago  (edited ago)

I get the general idea. Debt is just a subjective reality, same as profit (but not for individuals like me or you).

BUT, this only benefits Gov and Corps, right? Will it be used for personal debt such as students loans, credit cards etc ... ?

I get it, it up to people to make good financial choices but I argue they made things more expensive (inflation) and killed industries to force consumers to get debt.

Also, if the gov can do this and wipe out debt, will the next admin be able to do it?

If the Green New Deal passes, does that mean they can do this to pay for their plan? Maybe it was about this anyway.

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[–] 23030660? 0 points 1 point (+1|-0) ago 

What is going on with all these number usernames?

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[–] 23031102? 0 points 2 points (+2|-0) ago 

This is an anon subverse

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[–] 23029650? 0 points 1 point (+1|-0) ago 

palladium, brah

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[–] 23029515? 2 points 1 point (+3|-2) ago 

You must be retarded.

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[–] 23029402? 2 points 1 point (+3|-2) ago 

As long as we NEVER repay our unconstitutional debt to our Jew Central Bank, then I'm OK with this.

That said, time after time our community comes up with clever ideas and schemes to explain President Trump's 5D chess... and nothing happens.

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[–] 23029398? 0 points 1 point (+1|-0) ago 

Wow, awesome, please let this be true

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[–] 23031364? 0 points 2 points (+2|-0) ago 

Can't they use a plastic coin? What a waste of a perfectly good platinum oz.

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[–] 23030478? 0 points 2 points (+2|-0) ago 

Smells like a rat. Create two trillion-dollar treasury coins, and sell them to the Fed in exchange for fiat? If that happens, and then the Fed and the whole fiat system are destroyed, the owners of the Fed would be left with $2 trillion in real treasury-issued money and proceed to dominate the new system with it. Sounds like they realized that the jig is up on the fiat scam, and this is just the transition to their next scam.

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[–] 23030754? 0 points 2 points (+2|-0) ago 

Fed would be left with less than $2K in pure platinum to sell at scrap value.

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[–] 23031071? 0 points 1 point (+1|-0) ago 

Still makes me nervous. It would require a complete wipe of the slate to erase the value of those coins. As it is, the government owes the Fed a huge amount of money, but the means of creating that debt could easily be ruled unconstitutional, erasing it while leaving everyone's bank balance intact. Much less economic disruption, but still eliminate the need for income tax. I'm having a hard time imagining how a total reset would be possible without instantly bankrupting every business in the country.

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