Comments by "" (@RedXlV) on "Trillion Dollar Coin: The LEAST Crazy Way of Dealing with Debt Ceiling Fiasco" video.

  1. You mean the Canadian dollar that has the same value as the US dollar? News flash, the Canadians just print more money when they need it too.
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  2. To think that EITHER of those parties is anything resembling "leftist" proves that you're a world-class idiot.
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  3. Obama putting a portrait of himself on it would work for the purpose of trolling the Republicans. There is, after all, very little that they hate more than a black Democrat being President. Another good option would be to put a portrait of John Boehner on the coin, because he's the one who made it necessary to even talk about such an option.
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  4. And again, neither gold nor silver has any connection to US currency. So it doesn't MATTER that there's not enough gold and silver to back it. And I'll just ignore the conspiracy kook stuff from now on.
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  5. You don't understand the concept of fiat currency, and you call others stupid? All of America's money supply has value for exactly one reason: because the US government says so.
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  6. The traitors are GOP, for sabotaging America at every turn. And the retards are the Tea Party, for actually believing their insane rhetoric.
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  7. No, it doesn't take value away from the rest of the wealth of the country.
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  8. No, the value of any US currency is determined by the US government saying what its value is.
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  9. The Fed accepts paper money without hesitation, idiot. And it doesn't matter whether there's enough gold or silver to back up US currency, because gold and silver have nothing to do with US currency. We went off the gold standard several decades ago. The gold standard is never coming back. Also, LMAO at your conspiracy-kook nonsense about fake gold bars.
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  10. Another constitutional illiterate Paulbot?
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  11. Sure we could. All money has value simply because the government said so.
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  12. I disagree. The "least crazy" way to deal with the debt ceiling would be to ignore it and keep borrowing. It's unconstitutional, and for that matter has been implicitly repealed by Congress, seeing as they've authorized spending in excess of the debt ceiling.
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  13. I don't see why melting it would be the best move. Just demonetize it and sell it as a collector's item after they're done.
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  14. Funny how the money we've printed so far hasn't devalued our currency. The fact that you cite a video game speaks for itself.
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  15. The US and Canadian dollars have been roughly the same in value since 2007. And it was only for about a decade, back in the 90s, that the Canadian dollar was worth significantly less than the US dollar. For most of its history, the Canadian dollar's value has been within less than 10 cents of the US dollar's. And what's driven the Canadian dollar's rise in value over the last decade is that Canada exports a lot of oil, not that they print less money than the US does.
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  16. Sounds like you're one of the fools who think we have a "debt crisis".
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  17. Why would it be a trillion dollars worth of platinum? The value of the coin wouldn't be based on its platinum content, it would be based on the words "ONE TRILLION DOLLARS" being stamped on the coin.
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  18. The Fed would accept it because the US government said so. You do realize that all of the paper money in circulation is just ordinary ink and paper, right? That it's not backed up by gold or any other precious metals? The Fed has no problem accepting it, so why would this coin be any different? Do you really not understand how fiat currency works?
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  19. It would not be "incurring debt". Minting a coin does not incur debt.
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  20. Money is created by the US government every day. That's how money WORKS.
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