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BREAKING RUMOR: Trump to direct Treasury to mint a $1 Trillion coin

 
dodger007

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10/17/2020 01:37 PM

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Re: BREAKING RUMOR: Trump to direct Treasury to mint a $1 Trillion coin
Another quick fact while this is hot even though I do not know if what stated in this thread is true...

He can pay off the Federal Reserve the same fucking way...
 Quoting: Anonymous Coward 79486625


Yes he can. Now someone here from the USA.. find that part of the Constitution.
 Quoting: ALL IS ONE IS ALL


Following

Last Edited by dodger007 on 10/17/2020 01:56 PM
China is Asshoe!
dodger007
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10/17/2020 01:39 PM
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Re: BREAKING RUMOR: Trump to direct Treasury to mint a $1 Trillion coin
A trillion dollar coin?


What are we Zimbabwe?
 Quoting: Anonymous Coward 78996756


More like Joohbabwe
 Quoting: Anonymous Coward 77729498


bump
Anonymous Coward
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10/17/2020 01:39 PM
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Re: BREAKING RUMOR: Trump to direct Treasury to mint a $1 Trillion coin
That's how they paid for the first stimulus. They struck two platinum $1,000,000,000,000 coins!
 Quoting: Debug


Better then printing the money out of thin air, as atleast it is backed by something.
Anonymous Coward
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10/17/2020 01:41 PM
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Re: BREAKING RUMOR: Trump to direct Treasury to mint a $1 Trillion coin
If 330,000,000 citizens, that's roughly $3,000 per citizen or $12,000 for a family of four.
 Quoting: Anonymous Coward 76236415


Dont forget that it only goes to people making less than 100K or something. So every person should get more like 10K but they ponzi schemed it to pay Goldamn Sachs half.
 Quoting: Anonymous Coward 77519817


and the national debt clock just keeps on skyrocketing

[link to usdebtclock.org (secure)]

82 000 $ per every American

220 000 per every taxpayer

in 1960 Federal Debt was 52% of GDP

in 1980 34%

in 2000 55%

today 138%

interest on the debt, 341, 000, 000, 000 $




pigchef
ALL IS ONE IS ALL
I AM THAT I AM- KAN DAEK

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10/17/2020 01:42 PM

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Re: BREAKING RUMOR: Trump to direct Treasury to mint a $1 Trillion coin
You gotta link for this far fetched claim?
 Quoting: tomk


which far fetched claim.. if its true and it is I am pretty sure... as to the coin... at least your proof will be the released funds. This is I am sure an issue with the demoncrats and Nancy.
“You will radically rearrange your thoughts, your friends, your situations, your past experiences, your future hopes, your intentions and your dreams into new godly categories”


KD New begin....
ALL IS ONE IS ALL
I AM THAT I AM- KAN DAEK

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10/17/2020 01:43 PM

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Re: BREAKING RUMOR: Trump to direct Treasury to mint a $1 Trillion coin
If 330,000,000 citizens, that's roughly $3,000 per citizen or $12,000 for a family of four.
 Quoting: Anonymous Coward 76236415


Dont forget that it only goes to people making less than 100K or something. So every person should get more like 10K but they ponzi schemed it to pay Goldamn Sachs half.
 Quoting: Anonymous Coward 77519817


and the national debt clock just keeps on skyrocketing

[link to usdebtclock.org (secure)]

82 000 $ per every American

220 000 per every taxpayer

in 1960 Federal Debt was 52% of GDP

in 1980 34%

in 2000 55%

today 138%

interest on the debt, 341, 000, 000, 000 $




pigchef
 Quoting: Anonymous Coward 78136379

And I will state ONCE AGAIN as I do in all the debt threads.. that the national debt is as 2 or 3 months ago.. at least $26 QUADRILLION... how many of you know what a quadrillion is?

I have it on my website from the ITC folks. I have not moved it to my money thread here. Your debt clock is STUPID.. STUPID and STUPID. Only an manufactured game. and you should be seeing this. My let the AGE of REASON begin.

Last Edited by ALL IS ONE IS ALL on 10/17/2020 01:45 PM
“You will radically rearrange your thoughts, your friends, your situations, your past experiences, your future hopes, your intentions and your dreams into new godly categories”


KD New begin....
Anonymous Coward
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10/17/2020 01:43 PM
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Re: BREAKING RUMOR: Trump to direct Treasury to mint a $1 Trillion coin
THE FEDERAL RESERVE BANK IS A PRIVATE COMPANY.

Article 1, Section 8 of the Constitution states that Congress shall have the power to coin (create) money and regulate the value thereof.

Today however, the FED, which is a privately owned company, controls and profits by printing money through the Treasury, and regulating its value.



 Quoting: Anonymous Coward 79504859


when does the real MAGA start?
Anon Braveheart

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10/17/2020 01:46 PM
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Re: BREAKING RUMOR: Trump to direct Treasury to mint a $1 Trillion coin
How does America pay for a $2 trillion coronavirus relief bill? With two shiny coins, this lawmaker argues:
If the government wants money, why doesn’t it just—poof!—make the money? In this case, the $2 trillion would fund prepaid debit cards for “every person in America,” as Rep. Tlaib’s so-called Automatic BOOST to Communities Act says. The cards would come loaded with $2,000 and be topped up with another $1,000 every month until a year after the end of the crisis. Problem solved, right? [link to fortune.com (secure)]

Automatic BOOST to Communities Act:
IV. Funding the Program
a. This Automatic BOOST to Communities Act would be a money-financed fiscal program for which no additional U.S. debt would be issued.
b. Instead, the program would be funded directly from the Treasury, using its legal authority to create money via coin seigniorage, which is a statutory delegation of Congress’s constitutional power of the purse.
c. The mechanics of this funding approach would be as follows:
• The Treasury Secretary would direct the U.S. Mint to issue two $1 trillion platinum coins, under the legal authority provided by 31 U.S.C. § 5112(k).
• Congress would direct the Federal Reserve to purchase the newly issued coins at full face value.
• The Federal Reserve would complete the purchase by crediting the U.S. Mint’s account at the Fed with $2 trillion in reserves.
• The Fed would retain ownership over the two $1 trillion coins permanently in order to ensure its own balance sheet remains fully capitalized by the Treasury.
• The Treasury Secretary would “sweep” the newly created reserve funds from the Mint’s account into the regular Treasury General Account.
• The Treasury would make the funds available to the Bureau of the Fiscal Service to disperse to every person in America in the form of pre-paid U.S. Debit Cards.
d. This approach would preserve the historical separation between fiscal and monetary policy and avoid financial entanglement between the Treasury and the Federal Reserve which would eventually undermine the independence of the Fed.

In the long term, the card infrastructure should be converted into a permanent, Treasury- administered digital public currency wallet system, to serve as a privacy-respecting “eCash” complement to universal Fed Accounts and/or Postal Bank Accounts for All. This proposal should be accompanied by progressive tax reform to ensure that emergency relief provisioning does not exacerbate income or wealth inequality in the long-term.
[link to tlaib.house.gov (secure)]

Last Edited by Anon Braveheart on 10/17/2020 01:52 PM
Anon Braveheart
MrReality

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10/17/2020 01:47 PM
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Re: BREAKING RUMOR: Trump to direct Treasury to mint a $1 Trillion coin
If 330,000,000 citizens, that's roughly $3,000 per citizen or $12,000 for a family of four.
 Quoting: Anonymous Coward 76236415


Dont forget that it only goes to people making less than 100K or something. So every person should get more like 10K but they ponzi schemed it to pay Goldamn Sachs half.
 Quoting: Anonymous Coward 77519817


and the national debt clock just keeps on skyrocketing

[link to usdebtclock.org (secure)]

82 000 $ per every American

220 000 per every taxpayer

in 1960 Federal Debt was 52% of GDP

in 1980 34%

in 2000 55%

today 138%

interest on the debt, 341, 000, 000, 000 $




pigchef
 Quoting: Anonymous Coward 78136379



you are just a dirty Liberal, everything is MAGA !


cheerM-A-G-A-!cheer
McDonald Trump
Trump Shill Bot v.2020 - Rev 11.3

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10/17/2020 01:48 PM
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Re: BREAKING RUMOR: Trump to direct Treasury to mint a $1 Trillion coin
Direct payments to American citizens.

Developing...
 Quoting: DC Insider 79504777


Pay off national "debt".
END THE FED!

Last Edited by McDonald Trump on 10/17/2020 01:48 PM
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Anonymous Coward
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10/17/2020 01:48 PM
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bsflag
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10/17/2020 01:49 PM
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Re: BREAKING RUMOR: Trump to direct Treasury to mint a $1 Trillion coin
Good info here. If you read through, it is actually legit and could not be opposed by Congress.

[link to en.m.wikipedia.org (secure)]
ALL IS ONE IS ALL
I AM THAT I AM- KAN DAEK

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10/17/2020 01:50 PM

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Re: BREAKING RUMOR: Trump to direct Treasury to mint a $1 Trillion coin
THE FEDERAL RESERVE BANK IS A PRIVATE COMPANY.

Article 1, Section 8 of the Constitution states that Congress shall have the power to coin (create) money and regulate the value thereof.

Today however, the FED, which is a privately owned company, controls and profits by printing money through the Treasury, and regulating its value.



 Quoting: Anonymous Coward 79504859


when does the real MAGA start?
 Quoting: Anonymous Coward 78136379


after the magnetic reversal. but certain things of preparation are being done. and then we wil being MTWGA. Make the World Great again.

Last Edited by ALL IS ONE IS ALL on 10/17/2020 01:51 PM
“You will radically rearrange your thoughts, your friends, your situations, your past experiences, your future hopes, your intentions and your dreams into new godly categories”


KD New begin....
McDonald Trump
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Re: BREAKING RUMOR: Trump to direct Treasury to mint a $1 Trillion coin
You gotta link for this far fetched claim?
 Quoting: tomk


From March

The plan to fight coronavirus with trillion-dollar platinum coins
[link to www.axios.com (secure)]

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McDonald Trump
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Re: BREAKING RUMOR: Trump to direct Treasury to mint a $1 Trillion coin
You gotta link for this far fetched claim?
 Quoting: tomk


From March

The plan to fight coronavirus with trillion-dollar platinum coins
[link to www.axios.com (secure)]

 Quoting: McDonald Trump




How does America pay for a $2 trillion coronavirus relief bill? With two shiny coins, this lawmaker argues
[link to fortune.com (secure)]


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ALL IS ONE IS ALL
I AM THAT I AM- KAN DAEK

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10/17/2020 01:52 PM

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Re: BREAKING RUMOR: Trump to direct Treasury to mint a $1 Trillion coin
You gotta link for this far fetched claim?
 Quoting: tomk


From March

The plan to fight coronavirus with trillion-dollar platinum coins
[link to www.axios.com (secure)]

 Quoting: McDonald Trump


That is no plan.. to fight coronavirus is a simple mRNA already under production that will cause the body Killer T cells to recognize and take out ALL the RNA viruses and not just corona. And its not a trillion dollar project of the USA anyway.. it has to be a global project.

Last Edited by ALL IS ONE IS ALL on 10/17/2020 01:53 PM
“You will radically rearrange your thoughts, your friends, your situations, your past experiences, your future hopes, your intentions and your dreams into new godly categories”


KD New begin....
McDonald Trump
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Re: BREAKING RUMOR: Trump to direct Treasury to mint a $1 Trillion coin
You gotta link for this far fetched claim?
 Quoting: tomk


From March

The plan to fight coronavirus with trillion-dollar platinum coins
[link to www.axios.com (secure)]

 Quoting: McDonald Trump




How does America pay for a $2 trillion coronavirus relief bill? With two shiny coins, this lawmaker argues
[link to fortune.com (secure)]


 Quoting: McDonald Trump






Trillion Dollar Coin
[link to www.investopedia.com (secure)]

Everything You Need to Know About the Crazy Plan to Save the Economy With a Trillion-Dollar Coin
[link to www.theatlantic.com (secure)]

US: Fighting coronavirus-induced debt with two trillion-dollar supercoins?
[link to www.dw.com (secure)]

Can Trillion-Dollar Coins Cover the Coronavirus Relief Tab? It’s Not a Bad Idea.
www.barr_ns.com/articles/can-trillion-dollar-coins-cover-the-​coronavirus-relief-tab-its-not-a-bad-idea-51585242310


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MrReality

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10/17/2020 01:54 PM
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Re: BREAKING RUMOR: Trump to direct Treasury to mint a $1 Trillion coin
Direct payments to American citizens.

Developing...
 Quoting: DC Insider 79504777


Trump will be printing more money to do this ...

we are saved !

He so 19D level.
ALL IS ONE IS ALL
I AM THAT I AM- KAN DAEK

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10/17/2020 01:55 PM

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Re: BREAKING RUMOR: Trump to direct Treasury to mint a $1 Trillion coin
You gotta link for this far fetched claim?
 Quoting: tomk


From March

The plan to fight coronavirus with trillion-dollar platinum coins
[link to www.axios.com (secure)]

 Quoting: McDonald Trump




How does America pay for a $2 trillion coronavirus relief bill? With two shiny coins, this lawmaker argues
[link to fortune.com (secure)]


 Quoting: McDonald Trump






Trillion Dollar Coin
[link to www.investopedia.com (secure)]

Everything You Need to Know About the Crazy Plan to Save the Economy With a Trillion-Dollar Coin
[link to www.theatlantic.com (secure)]

US: Fighting coronavirus-induced debt with two trillion-dollar supercoins?
[link to www.dw.com (secure)]

Can Trillion-Dollar Coins Cover the Coronavirus Relief Tab? It’s Not a Bad Idea.
www.barr_ns.com/articles/can-trillion-dollar-coins-cover-the-​coronavirus-relief-tab-its-not-a-bad-idea-51585242310


 Quoting: McDonald Trump


The big reset will not require this at all because the entire planet will be reset AFTER the magnetic reversal and that dark shit reset plan will be null and void.. they won't be here. the Reversal is Earths reset. .. The judgement event.
“You will radically rearrange your thoughts, your friends, your situations, your past experiences, your future hopes, your intentions and your dreams into new godly categories”


KD New begin....
McDonald Trump
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Re: BREAKING RUMOR: Trump to direct Treasury to mint a $1 Trillion coin
Direct payments to American citizens.

Developing...
 Quoting: DC Insider 79504777


Trump will be printing more money to do this ...

we are saved !

He so 19D level.
 Quoting: MrReality




Nice to see you!
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Anonymous Coward
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10/17/2020 01:56 PM
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Re: BREAKING RUMOR: Trump to direct Treasury to mint a $1 Trillion coin
Direct payments to American citizens.

Developing...
 Quoting: DC Insider 79504777


Doubt it. It would be nice but the federal reserve would never let him. This is what Aaron Shwarts pushed so hard for before he died.
Anonymous Coward
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Re: BREAKING RUMOR: Trump to direct Treasury to mint a $1 Trillion coin
Direct payments to American citizens.

Developing...
 Quoting: DC Insider 79504777


Trump will be printing more money to do this ...

we are saved !

He so 19D level.
 Quoting: MrReality


Do you really think printing more Ponzi dollars is good? It just further separates the jooh bankers and elite wealth divide from the rest of us.
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McDonald Trump
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10/17/2020 01:59 PM
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Re: BREAKING RUMOR: Trump to direct Treasury to mint a $1 Trillion coin
Direct payments to American citizens.

Developing...
 Quoting: DC Insider 79504777


Trump will be printing more money to do this ...

we are saved !

He so 19D level.
 Quoting: MrReality


Do you really think printing more Ponzi dollars is good? It just further separates the jooh bankers and elite wealth divide from the rest of us.
 Quoting: Anonymous Coward 79377967


[link to www.treasury.gov (secure)]
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ALL IS ONE IS ALL
I AM THAT I AM- KAN DAEK

User ID: 79323378
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10/17/2020 01:59 PM

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Re: BREAKING RUMOR: Trump to direct Treasury to mint a $1 Trillion coin
Direct payments to American citizens.

Developing...
 Quoting: DC Insider 79504777


Trump will be printing more money to do this ...

we are saved !

He so 19D level.
 Quoting: MrReality


Do you really think printing more Ponzi dollars is good? It just further separates the jooh bankers and elite wealth divide from the rest of us.
 Quoting: Anonymous Coward 79377967


Pease both of you read the still very short thread before you post.. once its 10 pages long I will be more forgiving on not reading.
“You will radically rearrange your thoughts, your friends, your situations, your past experiences, your future hopes, your intentions and your dreams into new godly categories”


KD New begin....
McDonald Trump
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10/17/2020 02:00 PM
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Re: BREAKING RUMOR: Trump to direct Treasury to mint a $1 Trillion coin
Imagine if this is the start to end the fed.

Trump Fed nominee advances in Senate despite support for gold standard
[link to www.marketplace.org (secure)]
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Anonymous Coward
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10/17/2020 02:01 PM
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Re: BREAKING RUMOR: Trump to direct Treasury to mint a $1 Trillion coin
Trump merged the FED and Treasury in March, then they say he ended it with that move

but i'd say the opposite

Trump handed over the USA to FED which solidified and consolidated their power
ALL IS ONE IS ALL
I AM THAT I AM- KAN DAEK

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10/17/2020 02:01 PM

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Re: BREAKING RUMOR: Trump to direct Treasury to mint a $1 Trillion coin
Direct payments to American citizens.

Developing...
 Quoting: DC Insider 79504777


Trump will be printing more money to do this ...

we are saved !

He so 19D level.
 Quoting: MrReality


Do you really think printing more Ponzi dollars is good? It just further separates the jooh bankers and elite wealth divide from the rest of us.
 Quoting: Anonymous Coward 79377967


[link to www.treasury.gov (secure)]
 Quoting: McDonald Trump


thank you 3 for the linky.
“You will radically rearrange your thoughts, your friends, your situations, your past experiences, your future hopes, your intentions and your dreams into new godly categories”


KD New begin....
ALL IS ONE IS ALL
I AM THAT I AM- KAN DAEK

User ID: 79323378
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10/17/2020 02:02 PM

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Re: BREAKING RUMOR: Trump to direct Treasury to mint a $1 Trillion coin
Trump merged the FED and Treasury in March, then they say he ended it with that move

but i'd say the opposite

Trump handed over the USA to FED which solidified and consolidated their power
 Quoting: Anonymous Coward 78832883


that was rumor mill for he cannot merge a global private company with our Treasury. It did not happen... shit happens on the net you know. Because of what the FED is.. it cannot even be audited by the US government or any other agency since it is not a US agency to start with. there was a lot of AUDIT the FED years ago.. worthless idea.. Some day more and more REASON will develop.

Last Edited by ALL IS ONE IS ALL on 10/17/2020 02:03 PM
“You will radically rearrange your thoughts, your friends, your situations, your past experiences, your future hopes, your intentions and your dreams into new godly categories”


KD New begin....
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Re: BREAKING RUMOR: Trump to direct Treasury to mint a $1 Trillion coin
Imagine if this is the start to end the fed.

Trump Fed nominee advances in Senate despite support for gold standard
[link to www.marketplace.org (secure)]
 Quoting: McDonald Trump



Why Trump and Judy Shelton want the US back on the gold standard
[link to qz.com (secure)]

Trump Fed pick indicated a return to the gold standard
[link to www.cnn.com (secure)]

Trump's 'gold bug' puts the Federal Reserve at risk
[link to www.latimes.com (secure)]
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GLP