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Posted 01/10/2009 8:22 pm
Step 1: Fix the economy (print more money)
Step 2: Fix massive inflation from printing all that money
Step 3: ?
Step 4: Confiscate all gold and reset the US dollar at $50000 per oz
I think the simple fact of making $20, 10 etc coins will cause inflation fears, which is basically what we need right now... but not when the economy is back on track again.
I think what the government/new admin should do
is to mail every man, woman and child 5 stacks of "new" $1000 bills with Reagan as a "new design circulation test" and then see what happens...
Step 2: Fix massive inflation from printing all that money
Step 3: ?
Step 4: Confiscate all gold and reset the US dollar at $50000 per oz
Quote:
unless deflation hits us pretty bad we should use $20 and lower in coins
unless deflation hits us pretty bad we should use $20 and lower in coins
I think the simple fact of making $20, 10 etc coins will cause inflation fears, which is basically what we need right now... but not when the economy is back on track again.
I think what the government/new admin should do
is to mail every man, woman and child 5 stacks of "new" $1000 bills with Reagan as a "new design circulation test" and then see what happens...Edited by wd1040
01/10/2009 8:34 pm
01/10/2009 8:34 pm
