Sunday, September 9, 2012

The Trillion Dollar Coin, Part IV

Idiots keep bringing this up:

http://www.correntewire.com/beyond_debtdeficit_politics_the_60_trillion_plan_for_ending_federal_borrowing_and_paying_off_the_nat
"I’ll estimate, roughly, that a $20 T coin is enough for that, including about $4.0 T to more than close the expected gap between tax revenues and Government spending through the 2014 elections, and the rest for paying down the national debt further."

Why stop at trillions?  Why not quadrillions?

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