Weekly discussion 24 (1/13/13-1/20/13): $1 trillion coin

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Re: Weekly discussion 24 (1/13/13-1/20/13): $1 trillion coin

Postby Whatis6times9 » Fri Oct 04, 2013 4:50 pm

ari-6 wrote:Then it could be the size of a regular coin? In the event that someone did try to steal it, I think the best way to transport it would be in somebody's pocket. I do not really understand these sorts of things, Why would they assign such a large worth to such a small thing only to destroy it? Could something like this not have been done through computers? I am sorry I do not really know what I am talking about, if this has already been explained then please just ignore me.

The coin is only worth it's weight in platinum outside of transactions between governmental agencies. The coin would have been used by the Treasury to pay off debt owed to the Federal Reserve and would have in effect negated the need to raise the debt ceiling.
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Re: Weekly discussion 24 (1/13/13-1/20/13): $1 trillion coin

Postby ari-6 » Fri Oct 04, 2013 5:33 pm

Thank you very much for going out of your way to explain that.

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Re: Weekly discussion 24 (1/13/13-1/20/13): $1 trillion coin

Postby Tenshi Nova » Fri Oct 04, 2013 5:39 pm

I wonder how a civil war would even go about. Rebel groups would just end up arrested for violent acts, or diplomatically go about things...no?
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Re: Weekly discussion 24 (1/13/13-1/20/13): $1 trillion coin

Postby ari-6 » Fri Oct 04, 2013 5:51 pm

That is true. Sometimes I think back to famous historical events and think how they could never happen again. And then begin to wonder how bad things must have been for them to have happened at all.
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Re: Weekly discussion 24 (1/13/13-1/20/13): $1 trillion coin

Postby Tuor » Fri Oct 04, 2013 5:53 pm

Ya, this totally isn't petty
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