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re: Trillion Dollar Coin Idea - Why Doesn't This Make Sense in My Head?

Posted on 1/6/13 at 10:55 pm to
Posted by Meauxjeaux
98836 posts including my alters
Member since Jun 2005
40120 posts
Posted on 1/6/13 at 10:55 pm to
quote:

and it would not cause inflation because the coin would not circulate.


What money does actually circulate any more? It's all ACH now pretty much.

I think our leaders have geniously eliminated debt completely.
Posted by ZereauxSum
Lot 23E
Member since Nov 2008
10176 posts
Posted on 1/7/13 at 7:10 am to
quote:

What money does actually circulate any more? It's all ACH now pretty much.


True. I guess by circulate, they mean in the same sense that you would "inject liquidity into the market".

This post was edited on 1/7/13 at 7:22 am
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