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The entire GDP of the United States is worth 15 ounces of platinum. So if we just stamp out 15 magic platinum coins no one needs to work!

 
GodFrequency
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01/11/2013 12:28 PM
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The entire GDP of the United States is worth 15 ounces of platinum. So if we just stamp out 15 magic platinum coins no one needs to work!
This is almost comical, A 1 trillion dollar coin.

15 coins minted and no one in the country would have to work.

4 coins minted and we would still have to work, but no one would have to pay anything in taxes.

This clearly illustrates what an illusion our monetary system has become. The funny thing is, someone thought that attaching the debt to an actual physical metal would somehow give it value, what it does is shows how idiotic our monetary system has become. One ounce of platinum is worth around $1,600 dollars, if you even believe the current system, but what they are saying is with their magic stamping of this magic coin, The simple fact that this metal goes through their special press makes that metal worth 1 trillion dollars.

What this truly does is point out how fictional our money truly is. After this, you have to reach for your wallet, pull out pieces of plastic, and paper, and ask yourself, is this real or make believe?

[link to demonocracy.info]

Last Edited by GodFrequency on 01/11/2013 12:29 PM
GodFrequency (OP)

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01/11/2013 12:30 PM
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Re: The entire GDP of the United States is worth 15 ounces of platinum. So if we just stamp out 15 magic platinum coins no one needs to work!
This reminds me of little kids sitting in a clubhouse somewhere going, nuh uh, this is worth infinity bazillion, bazillions as far as the universe is big because the universe is bigger than the galaxy!

This is truly sad that we give any of these idiots any authority over us at all.
GodFrequency (OP)

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01/11/2013 12:32 PM
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Re: The entire GDP of the United States is worth 15 ounces of platinum. So if we just stamp out 15 magic platinum coins no one needs to work!
Shit, we should just start minting these little babies up right away, perhaps we could purchase other countries with them, or buy our debt back from China. Here you go China, thanks for investing, here is your one ounce of platinum.
Anonymous Coward
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01/11/2013 12:37 PM
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Re: The entire GDP of the United States is worth 15 ounces of platinum. So if we just stamp out 15 magic platinum coins no one needs to work!
clappa
GodFrequency (OP)

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01/11/2013 12:45 PM
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Re: The entire GDP of the United States is worth 15 ounces of platinum. So if we just stamp out 15 magic platinum coins no one needs to work!
I think this could work towards our advantage, we all agree that this coin has value, then we tell everyone, we are going to responsible and just mint a very few, then once the rest of the world agrees they have value, we just send them these useless coins and buy their real shit. We could make them work for us for years for nothing more than paper and ink, ooops I mean a few ounces of platinum.

Wait a second, we've already tried that and it is starting to fail.

Last Edited by GodFrequency on 01/11/2013 12:48 PM
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01/11/2013 01:41 PM
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Re: The entire GDP of the United States is worth 15 ounces of platinum. So if we just stamp out 15 magic platinum coins no one needs to work!
15 ounces * $1633 per ounce is approximately $24,500. Did I miss something?
Anonymous Coward
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01/11/2013 01:43 PM
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Re: The entire GDP of the United States is worth 15 ounces of platinum. So if we just stamp out 15 magic platinum coins no one needs to work!
[link to coinmill.com]

$23542.67
Anonymous Coward
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01/11/2013 01:46 PM
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Re: The entire GDP of the United States is worth 15 ounces of platinum. So if we just stamp out 15 magic platinum coins no one needs to work!
Op, I like your thinking! Hell lets print out 10 for each country so that noone has to work.
Anonymous Cowherder
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01/11/2013 02:36 PM

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Re: The entire GDP of the United States is worth 15 ounces of platinum. So if we just stamp out 15 magic platinum coins no one needs to work!
a single platinum coin would have to weigh 19,500~ tons to have a value of $1trillion at today's market value (about $1600/oz.).

that's a big ass coin.

Last Edited by Anonymous Cowherder on 01/11/2013 02:38 PM
I'm a Libertarian Constitutionalist.

I don't give a shit what you do with your own life, whether you make it a success or a failure, that is an outcome of the choices you make, but please take responsibility for yourself and don't make ME pay for YOUR choices and we're all good.

Repeal the 17th Amendment and the Apportionment Act of 1911!

Thread: First steps down the road to a return to the Constitutional Republic that we were intended to be.

Restore the Republic.

It's a flower, not something to be feared.

cow - Moo!
Anonymous Coward
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01/11/2013 02:41 PM
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Re: The entire GDP of the United States is worth 15 ounces of platinum. So if we just stamp out 15 magic platinum coins no one needs to work!
I think a much better idea would be to mint coins from moon rocks. They might be a bit crumbly maybe, but the gubmint and banks would still have a monopoly over money. For as long as they are the only ones that can get there.

.
Anonymous Coward
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01/11/2013 02:43 PM
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Re: The entire GDP of the United States is worth 15 ounces of platinum. So if we just stamp out 15 magic platinum coins no one needs to work!
I think everyone is missing the point. We know the value of an ounce, people. Listen to the OP's message.
Anonymous Coward
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01/11/2013 02:48 PM
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Re: The entire GDP of the United States is worth 15 ounces of platinum. So if we just stamp out 15 magic platinum coins no one needs to work!
I think everyone is missing the point. We know the value of an ounce, people. Listen to the OP's message.
 Quoting: Anonymous Coward 140124


I agree. What we are really talking about is the inherent value of street platinum and treasury platinum.

Obviously our platinum (the average schmuck) is crap and their platinum don't stink. In fact its worth $10^12 per ounce.
Anonymous Coward (OP)
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01/11/2013 02:59 PM
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Re: The entire GDP of the United States is worth 15 ounces of platinum. So if we just stamp out 15 magic platinum coins no one needs to work!
15 ounces * $1633 per ounce is approximately $24,500. Did I miss something?
 Quoting: Anonymous Coward 31664441


Yes you are correct, but according to them, if they minted these in their magical press, they would be worth 15 trillion not $24,500, and even that number is a product of a rigged fake economy.
Anonymous Coward (OP)
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01/11/2013 03:01 PM
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Re: The entire GDP of the United States is worth 15 ounces of platinum. So if we just stamp out 15 magic platinum coins no one needs to work!
The odd thing is, the Fed Created 16 trillion dollars between 2008 and 2010, and no one really grasps what this means. That is just the numbers we know about. Who knows how much they have created since that time. I've heard that the Fed is responsible at this point in time for 25% of the GDP, so in a way they are already creating magic coins, money out of nothing, but the whole coin suggestion brings it all into a sharper perspective because you are talking about a little tiny piece of metal being worth 1 trillion dollars.
Anonymous Coward
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01/11/2013 03:09 PM
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Re: The entire GDP of the United States is worth 15 ounces of platinum. So if we just stamp out 15 magic platinum coins no one needs to work!
The odd thing is, the Fed Created 16 trillion dollars between 2008 and 2010, and no one really grasps what this means. That is just the numbers we know about. Who knows how much they have created since that time. I've heard that the Fed is responsible at this point in time for 25% of the GDP, so in a way they are already creating magic coins, money out of nothing, but the whole coin suggestion brings it all into a sharper perspective because you are talking about a little tiny piece of metal being worth 1 trillion dollars.
 Quoting: Anonymous Coward 31898509


This is true, and yet that credit generated or money (as credit and "money" are fungible in our economy) hasn't really entered the real economy to drive up prices in proportion. True, we have seen high inflation just look at your gas and food costs over the past 4 years, but not in proportion to the amount of money they have printed (credit).

Mostly, that printed money or credit or digits in computers has been shifted to the "asset" sides of balance sheets of banks now giving them excess reserves. They aren't lending now as much as they did prior to 2008, so they are using those excess reserves to buy and sell securities on the global exchanges.

2008 was sort of a watershed year in the history of modern economies where before the stock market was a place for Capital formation and price discovery. Now, since QE4EVA and the new normal the stock markets are literally a global gambling casino owned and operated by the banks. Which also means the banks have indirectly taken over private industry at least those public companies who's shares are traded on the exchanges. A definite collectivist coup.

.
GodFrequency (OP)

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01/12/2013 01:04 AM
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Re: The entire GDP of the United States is worth 15 ounces of platinum. So if we just stamp out 15 magic platinum coins no one needs to work!
The odd thing is, the Fed Created 16 trillion dollars between 2008 and 2010, and no one really grasps what this means. That is just the numbers we know about. Who knows how much they have created since that time. I've heard that the Fed is responsible at this point in time for 25% of the GDP, so in a way they are already creating magic coins, money out of nothing, but the whole coin suggestion brings it all into a sharper perspective because you are talking about a little tiny piece of metal being worth 1 trillion dollars.
 Quoting: Anonymous Coward 31898509


This is true, and yet that credit generated or money (as credit and "money" are fungible in our economy) hasn't really entered the real economy to drive up prices in proportion. True, we have seen high inflation just look at your gas and food costs over the past 4 years, but not in proportion to the amount of money they have printed (credit).

Mostly, that printed money or credit or digits in computers has been shifted to the "asset" sides of balance sheets of banks now giving them excess reserves. They aren't lending now as much as they did prior to 2008, so they are using those excess reserves to buy and sell securities on the global exchanges.

2008 was sort of a watershed year in the history of modern economies where before the stock market was a place for Capital formation and price discovery. Now, since QE4EVA and the new normal the stock markets are literally a global gambling casino owned and operated by the banks. Which also means the banks have indirectly taken over private industry at least those public companies who's shares are traded on the exchanges. A definite collectivist coup.

.
 Quoting: Anonymous Coward 961432


True the fake money has been used to purchase real assets, like company stocks, real estate etc. They are buying real assets with their phony money. Neat trick
Anonymous Coward
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01/12/2013 11:57 PM
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Re: The entire GDP of the United States is worth 15 ounces of platinum. So if we just stamp out 15 magic platinum coins no one needs to work!
This is almost comical, A 1 trillion dollar coin.

15 coins minted and no one in the country would have to work.

4 coins minted and we would still have to work, but no one would have to pay anything in taxes.

This clearly illustrates what an illusion our monetary system has become. The funny thing is, someone thought that attaching the debt to an actual physical metal would somehow give it value, what it does is shows how idiotic our monetary system has become. One ounce of platinum is worth around $1,600 dollars, if you even believe the current system, but what they are saying is with their magic stamping of this magic coin, The simple fact that this metal goes through their special press makes that metal worth 1 trillion dollars.

What this truly does is point out how fictional our money truly is. After this, you have to reach for your wallet, pull out pieces of plastic, and paper, and ask yourself, is this real or make believe?

[link to demonocracy.info]
 Quoting: GodFrequency


Idiot, the debt your country is facing is also an illusion, hence the proposal of a trillion dollar coin to show the absurdity of putting a ceiling on an illusionary concept.

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