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Martian Central Bank interested in buying trillion dollar coin

Marvin Martain

More on the trillion dollar coin caper.

A smaller cadre of analysts suspect the cnaively believes the fantasy that the arbitrary creation of assets, either via platinum coins or electronic entries in the Federal Reserve’s balance sheet, creates actual value. Though this credulity borders on the fantastic, these analysts point to the many commentators in the U.S. who have bought into the platinum coin fantasy.

The White House is now denying they will mint a trillion dollar coin thus there must be more truth to the story than we thought.

3 Responses to Martian Central Bank interested in buying trillion dollar coin

  1. William Boardman Sun, Jan 13, 2013 at 8:27 am #

    What is “actual value” anyway?
    Just a competing belief system?

    • Bob Morris Wed, Jan 16, 2013 at 9:09 am #

      Exactly. That’s why I don’t get gold bugs. Gold is valuable because some say it is, just like dollars.

      • DJ Wed, Jan 16, 2013 at 9:44 pm #

        Ammunition, on the other hand, has intrinsic value based on usefulness. lol.