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A trillion-dollar coin is 'magical thinking'. It doesn't get past the problems of having exploding debt and no way to fix it. Otherwise known as 'Kicking the ca
by simonblack 5y ago
A trillion-dollar coin is 'magical thinking'. It doesn't get past the problems of having exploding debt and no way to fix it. Otherwise known as 'Kicking the can down the road."
All of these smart-ass solutions are leading inexorably to a lack of confidence by the world in the US Dollar. When that happens, you can produce billions of these 'Trillion-Dollar Coins' and it won't make the slightest bit of difference in the 'New Zimbabwe' currency.