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Silent3

(15,243 posts)
Sat Mar 11, 2023, 12:47 AM Mar 2023

Just mint the damned $1T coin!

Mint a bunch of them if you have to.

I don't care how crazy this idea is considered by some people. It's better than allowing even the slightest doubt about the full faith and credit of the United States to brew.

This should be done well before any debt default deadlines are looming, well before any serious pressure is looming.

You think it won't work? You think it won't hold up if challenged in court?

Why the fuck would that matter? Why be afraid?

We can't even prosecute a fucking insurrectionist President in under two years time. Save the goddamned economy now, shut down the hostage-taking tactics, and then we've probably got at least three years to get rid of these Republican terrorists and fix the debt ceiling the normal way well before any court is going to possibly, just possibly, undo the coin trick.

And anyway, there's a winner of a case to take to court! Please, judge, please! Please throw the world into economic chaos, it's the right thing to do!

10 replies = new reply since forum marked as read
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Just mint the damned $1T coin! (Original Post) Silent3 Mar 2023 OP
No kidding Joinfortmill Mar 2023 #1
Well Powell would have to do it and that's unlikely. progressoid Mar 2023 #2
crystal clarity👍 bringthePaine Mar 2023 #3
I think it is better that the administration proclaim the debt ceiling unconstitutional. Gore1FL Mar 2023 #4
+1000 n/t Hiawatha Pete Mar 2023 #5
Hear, hear peppertree Mar 2023 #6
While the sentiment is fine it will take far less time than 3 years for the Courts to kelly1mm Mar 2023 #7
I'll make the sacrifice True Dough Mar 2023 #8
Well, I Could Make Change For It ProfessorGAC Mar 2023 #9
Oh, so you're into "bit coin" True Dough Mar 2023 #10

progressoid

(49,992 posts)
2. Well Powell would have to do it and that's unlikely.
Sat Mar 11, 2023, 02:47 AM
Mar 2023

Also there's the issue that printing money could create more problems than it solves like increasing inflation.

Gore1FL

(21,134 posts)
4. I think it is better that the administration proclaim the debt ceiling unconstitutional.
Sat Mar 11, 2023, 02:48 AM
Mar 2023

Let congress impeach Biden. Let the Senate acquit him. Let this never be an issue ever again.

peppertree

(21,643 posts)
6. Hear, hear
Sat Mar 11, 2023, 03:03 AM
Mar 2023

There's no doubt whatsoever that if the shoe were on the other foot, Republicans would be cranking them out in a snap.

Not that it would be on the other foot, as Dems would never jeopardize the full faith and credit of the United States - least of all to wage scorched-earth warfare on the opposition.

Republicans have become a fifth column, and should never be allowed to have the last word on anything nearly this important. Not if it can at all be helped.

kelly1mm

(4,733 posts)
7. While the sentiment is fine it will take far less time than 3 years for the Courts to
Sat Mar 11, 2023, 04:18 AM
Mar 2023

enter an injunction - just like they have done with the student loan relief proposal. A matter of days or weeks till an injunction would most likely be entered. It would take months or even years for the final outcome but that would not stop an injunction pending judicial review.

True Dough

(17,313 posts)
8. I'll make the sacrifice
Sat Mar 11, 2023, 08:37 AM
Mar 2023

of carrying that coin around in my pocket or storing it under my couch cushions. I won't spend it, I promise. I mean, who would be able to make change for a trillion dollar coin anyway?

ProfessorGAC

(65,106 posts)
9. Well, I Could Make Change For It
Sat Mar 11, 2023, 08:49 AM
Mar 2023

Part of it anyway. I'll owe you the difference. I promise you'll get it!

True Dough

(17,313 posts)
10. Oh, so you're into "bit coin"
Sat Mar 11, 2023, 12:25 PM
Mar 2023

As in, "I'll give you a bit of change in return for that coin."

Got it!

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