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Message: Re: ...more cash
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Jan 02, 2013 10:22AM
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Jan 08, 2013 10:28AM

The way I see it Lunch is simple. If the trillion dollar coin is on the table. That would mean that the Treasury bonds are about to collapse. Why continue borrowing money from the global banking cartel if you can simply as a government mint your own money. The Morgans and rothchilds would never let the US create their own money unless they are the only ones that are now buying the bonds. If the coin is denominated in US dollars rather than Federal Reserve Notes and the Fed could use the coins as collateral for more Fed Notes, we could see a shift of all of the US debt held by the Fed into an obligation that is not backed by treasury bonds. I would be willing to bet that the first order of business after minting the coin would be to buy back all of the bonds purchased by the fed.

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Jan 08, 2013 12:00PM
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