Axios
A trillion-dollar platinum coin could be minted “within hours of the Treasury Secretary’s decision to do so,” Philip Diehl, former director of the United States Mint, tells Axios.
Why it matters: Congressional solutions to the debt-ceiling problem could take weeks to implement, especially if the reconciliation process is used — and time is running out. In case of emergency, a trillion-dollar coin could be deployed to bridge any gap between the money running out and the debt ceiling being raised. More
I think we to stamp at least 200 of them if we think we’re going to pay off anything meaningful. Hell why not a thousand of them, let’s get into the quadrillion territory.
Magical thinking.
Only if it’s made from lead so we can melt it down and make something useful out of it.
I’m gonna glue a dead rat to my bald head and then claim I’ve got a coif like George Hamilton.
I agree as long as we put Brandon on the obverse…
Anyone want to join me in a few verses of ” Let’s Go Brandon”?
I mean 81 million voters can’t be wrong.
If we’re thinking of bullets, maybe a silver bullet.
something that acts as a magical weapon especially : one that instantly solves a long-standing problem.
Ron Paul floated this idea twenty years ago.
By the time Joe gets through with us, it will take a bag of those to buy a loaf of bread.
Minted out of unobtanium, and it will cost $5 Million to mint 1 coin.
Paid with Hunter paintings.
@TheMule – if you use a weasal people might mistake you for James Traficant!
I meant $5 Trillion.
Biden would put the damn thing on a pallet and fly it to China on a USAF cargo plane. They’ve got the goods on Biden, you know!
It’s like taking 1,000,000 $15/hr wage earners, who the goons pretend to care so much about, working 8 hours a day for nearly 23 YEARS, every day, wrapping it all up and throwing it in the trash.
AHh well, what’s another $1T between friends? Joe burns at least that every month. Has there been so much as 1 day he hasn’t been trying to pass some multi-trillion dollar shitbill? NOPE!
^^^^^^Best Readers/commenters on the web here.
Like I said the other day, QUADRILLION is about to enter the American lexicon…
This is the same as if I took a sharpie and added a 0 to the $10 bill in my wallet and was actually able to spend it.
And since we are making sh*t up why not make the coin from ‘bidenium’
I can see why he’s the former head.
Imagine taking it someplace and trying to get change for it. Or would we just give it to the Chinese, saying Joe Biden says it’s for all your help.
Deceitful dumb asses.
We could put Joe on one side and Obama on the other since they are both worthless like the coin. Let them fight out who is heads and who is tails.
Platinum was up considerably today, but by my calculations, their trillion dollar coin will need to weigh at LEAST 1,020,408,164 ounces… plus or minus…
https://www.kitco.com/images/live/plati.gif?0.7403712121531135
I’m holding out for a commemorative Septillion dollar coin when AOC is president in 2032…
@ LBS: All minted with Insanium, all mined from blue states.
Make a ring….
Why even go to the trouble of minting the coin? The logic involved just dictates that ‘something’ be worth a trillion. How about an N95 mask? A urinal mint? Convince more of the people than not that any object is worth a trillion and the problem, it’s solved.
Shouldn’t be too difficult to convince the coastal elite and those that have graduated from any institution of higher learning in the past twenty or thirty years.
As I wrote sometime previously: I have in my possession a $10 Trillion (Zimbabwe) note, so we KNOW it can be done, and we may well suspect it WILL be done.
But why must it be in Platinum? Aluminum would work just as well. And, in the end, we’ll have paper notes (probably have to outsource the printing to France).
We’re on a trajectory to Hell.
izlamo delenda est …
Why not just shit in a sack and call it legal tender?
I’ll take 3 please 🤡
Venezuela got nuthin on US.
“Brother, can you spare a trillion?”
The way things are going looks like this could be happening. Info, the Former Guy’s administration, America went 7.5 trillion more in debt, so whats a few more.
The way used cars are going up in price, I wonder if one of these will work on the Carvana vending machine.