Thread: Economics Trillion dollar coin
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Old 01-06-2013, 02:35 PM   #21
alnorth alnorth is offline
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Quote:
Originally Posted by Stewie View Post
I'm pretty sure the "entities" that could fulfill that platinum order aren't interested in trading it for dollars.
There would only be one entity in this hypothetical scenario: the Fed.

The US Treasury would deposit the X trillion dollar coins in a fed vault, and the fed would credit the USA's account with X trillion dollars.
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