The Trillion Dollar Coin Is a Great Idea!

“Today, unlike in the past, over 150 central banks print money recklessly. The Federal Reserve is surely the worst offender because of the dollar’s reserve status. Because nations need dollars to buy oil, officials around the world need to hold dollars. The US can print massively without feeling the immediate result from price inflation.  Of course, price inflation happens – and is happening. More is yet to come because US officials have been so reckless. That’s why I think the trillion dollar coin idea is a good one. It illustrates the insanity of the modern money system where people accept bits of paper as money simply because they’ve been printed by the government.”

http://www.thedailybell.com/28571/Anthony-Wile-The-Trillion-Dollar-Coin-Is-a-Great-Idea

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