Quote:
Originally Posted by Nebe
Did you guys hear about the "magic coin" that the reserve is going to mint out of platinum worth 1 billion dollars? Pathetic.
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I think it is supposed to be valued at 1TRILLION dollars. And I think it is supposed to be minted by the treasury, not the reserve, so the gvt. can deposit into the reserve to help pay off debt. Hey, just mint 16 of them, the debt is payed, voila. Except, of course, there is nothing to back up the value of the coins.