how the $1 trillion coin minted by the United States and deposited into the treasury doesn’t help resolve the outstanding debt without ramifications.
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It would cause ramifications.
Understanding what money actually is and why we have a debt should come first before this ludicrously stupid idea. Why didn’t anyone think of it before? It’s because you’re just kicking the can down the road. Debt has to be repaid at some cost, whether to the borrowers or the lenders. By printing a $1 trillion coin, you’re putting the onus on the primary users of the currency, making their existing money worth less, and therefore requiring them to work harder to earn the same amount of money to acquire the same necessary goods.
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