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| Gee, putting money into the real economy cures depressions. Who'd have thought! FDR did. See the story of the $100,000 bill.
A $1 trillion-dollar coin seems like a high denomination to ask the government to print.
Some say its weight could sink the Titanic! (This is benightedly ludicrous).
But one time, the U.S. government actually got 1/10000000th of the way there -- by printing a $100,000 bill. And it really helped the economy. |
Read the rest of the story HERE:
At finance.yahoo.com
Scott Baker is a Managing Editor & The Economics Editor at Opednews, and a former blogger for Huffington Post, Daily Kos, and Global Economic Intersection.
His anthology of updated Opednews articles "America is Not Broke" was published by Tayen Lane Publishing (March, 2015) and may be found here:
http://www.americaisnotbroke.net/
Scott is a former and current President of Common Ground-NY (http://commongroundnyc.org/), a Geoist/Georgist activist group. He has written dozens of (more...)