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View Diary: Of Blazing Saddles and platinum coins: Why minting a $1 trillion one is neither smart nor necessary (216 comments)

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  •  Except, of course, that if you read other, more (5+ / 0-)

    factually based diaries you would know that this isn't money that would be put into circulation directly. It would ONLY be hitting the economy when the Fed meters it back in by paying off various notes as they come due over the next 25 years. While that money is then going to the people holding those notes, it was already theirs to begin with so there is no change. the difference is that you and I aren't having to pay down that debt so ultimately we DO keep more of our money.

    This isn't to say that politics aren't important and it isn't to say that I wouldn't love to crush the GOP into the ground. The difference is that I don't just want to win this one battle. I want to win the whole damn war and doing that means allowing PCS to be the big dog it is capable of being.

    "When in doubt, do the brave thing." - Jan Smuts

    by bunnygirl60 on Fri Jan 11, 2013 at 10:06:23 PM PST

    [ Parent ]

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