Reply With Quote
I know it is not your idea, but that is the single most idiotic idea in the history of ideas.
First our dollar is AT LEAST based on something......The fed ties it to economic output. It reality it is FIAT money
Fiat money - Wikipedia, the free encyclopedia
If we were to mint a trillion dollar coin or a million dollar coin or whatever, then every other economy around the world would do the same and money would be worthless.
The VERY REASON we purchase so much **** from China is because their gubment artificially manipulates their yuan. At least in our economy we try to make it sound like the dollar is worth something.
If the yuan was what the yuan is REALLY worth, inflation would be out of control in china and their place in the world economic arena would be over.
THIS is something Mitt Romney understood, and my have fixed. Obama on the other hand.....I don't think he could balance a checkbook or figure out how to use a gumball machine.
Later,
Geo
good idea once