THe ONe TRiLLioN DoLLAR PLaTiNuM...

williambanzai7's picture

ONE TRILLION DOLLAR COIN

.
TRILLION PLATINUM NUMISMATIC

       h/t Duo

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Silversinner's picture

In a few years the intrinsic value of this coin

will exceed the face value of this coin.

win-win.

Papasmurf's picture

No one caught the E Pluribus Fool'em.  Nice touch William!

Papasmurf's picture

Make the denomination set by digital hologram microchip.  Use them to buy back all the assets from the fed, one bailout at a time, one QE at a time.  One Friday 9AM is sufficent to clean out their desks.  Buy back the Fed balance sheet and close them down forever.  It won't require many coins because there is no balance sheet since they haven't kept books (or gold) in five decades.

In keeping with the times, this End The Fed commerative coin will be plated with 57 mg (one mg for each state) of 99.99 pure platinum over a laminated copper core.  Limit: one per TBTF bank.  

 

geewhiz's picture

Second that. Replace that poor eagle with a buzzard crapping on Bennys head. Keep it in good taste though, this is after all the new emblem of the Fed.

williambanzai7's picture

Actually, I think the idiots proposing these ideas are performing an invaluable service. They are highlighting the truly "Mandrake" , the magician, nature of our fractional reserve/fiat monetary system.

Deposit a trillion dollar coin with the Federal Reserve, then borrow against it. Straight out of a twisted comic book.

Manic by Proxy's picture

The horseshoe, the shamrock, the dice! I laughed. I cried. I soiled myself Thanks wb7!

q99x2's picture

I will not be part of the conspiracy to repay no trillion of nothing anyway no how.

plata pura's picture

the coins plan'd to be struck by treasury as to secure debt to ourselves will have the sacred turkey of the wild.

SokPOTUS's picture

It's the new Amero!

Zero-risk bias's picture

It's the 2013 edition, 99.9% Pt, $3t face value casino chip.

(Minted in Vegas NV. USSA)

Yen Cross's picture

 I have a hunch Billy-7 is a " Human Volcano" , of CREATIVITY.

Yes_Questions's picture

 

Wait, Mr. 7 is in color now?

The avatar I mean..

williambanzai7's picture

I switched for the holidays, now I'm hooked because it's easy to spot, particularly in long comment threads.

Yes_Questions's picture

 

 

You, through your work, are NEVER hard to spot.

 

the grateful unemployed's picture

i've got a rough calculation here that says that every American would get to hold the platinum coin for roughly one second a year.

tip e. canoe's picture

comment on politico

sheer idiocy!

Putting A Trillion Dollars Of Platinum In Perspective

So you want a trillion dollar platinum coin? Ok: here are some facts:

--Platinum has traditionally been the most valuable precious metal for one simple reason: it is rare.

--It is so rare, that all the platinum ever mined could fit into a 25 cubic foot box.

--The weight of that box comes out to just over 16 tons: this is how much platinum has been mined since the start of time.

---A coin valued at $1 trillion and made out of platinum would, at today's price of $1557/ounce, weigh in at 642.3 million ounces.

--642.3 million ounces is also roughly 18 thousand tons, or about 1100 times more than all the platinum mined.

What morons! Who elects these clowns?

Read more: http://www.politico.com/story/2013/01/pol-pay-national-debt-with-platinum-85786.html#ixzz2H3yFYzDn

williambanzai7's picture

The Treasury Secretary doesn't have a hole in his pocket, he is the hole!

Papasmurf's picture

Yes, thats where you stick the hose.

Yes_Questions's picture

 

 

E Pluribus Fool'em is fuck'n right!

Good Work Kid!

tip e. canoe's picture

debt bro foclosure would make a great t-shirt.

do u take silver?

Tango in the Blight's picture

When is the Banzai7 t-shirt line coming out?

Seasmoke's picture

is it true or an urban legend, that if you hand a merchant a $100 bill and they do not have the change , you can leave with the merchandise and your bill....if so, this coin can do some damge !

SokPOTUS's picture

That's called High Frequency Trading.

Yen Cross's picture

 Here's a limerick/

  Here sits this coin, like top sirloin/

    Delevering bankers drooling at the till/

  Something is brewing on Capital Hill/

    Summon the Lorries, and summon the cabs/

  This platinum pill will pay our tabs/

 

Pejorative Requiem's picture

Why platinum? Soap would be good.

WTFUD's picture

is that japanese for jacket potato?

williambanzai7's picture

No, jacket potatoe in Japanese is condom

Harbanger's picture

E Pluribus Fool'em is classic. :)

Freddie's picture

I would like to dump some MOX in Nancy Pelosi's vineyard.

logicalman's picture

And there was I thinking I'd just smoked some of the world's best pot!

Turns out it wasn't that good after all.

Jam Akin's picture

With a humble salute to the mighty powers of "The King":

 

 

Behold the trillion buck round

Its value is perfectly sound

E pluribus foolin'

Will keep the plebs droolin'

Until a solution is found

Satan's picture

quod meum mihi, quae tua mea.

Joebloinvestor's picture

Should have a bucket with no bottom.

prains's picture

 

 

 

 

Timmay's personae was a bit truncated

His stature being somewaht deflated

Tried as he might

To put up a fight

The air that he breathed had been wasted

 

tip e. canoe's picture

 

 

a congressbeast just floated platinum
to bring debt to a reasonable stratum
meanwhile they spend
like there's nary an end
is there reason to consider this pablum?

a growing concern's picture

This reminds me that we've been mighty short on limericks round these parts lately.  What the hell happened to the Limerick King?  I miss that guy.

prains's picture

sorry i'm just the flunky stand in while the king shines his pole

Pejorative Requiem's picture

lol........ I liked it (a little)

cosmyccowboy's picture

the dice should be snake eyes... to repesent these son's of satan running our economy!!!

One of these is not like the others..'s picture

Seems to me that they are already somewhat over-represented...

Crassus's picture

Miss the old Vietnam Military script that was improved upon with speak bubbles and legends in ball point pen, such as: "I love you, no shit. Buy me Honda." "You can count my body twice." "She plenty good, she virgin." And the quote from Pyrrus of Epirus that Mr. Bonzai recently used: "Another such victory and I am undone."

Crassus's picture

Yeah. Do you remember how creepy the engravings were with Edwardian, Gibson Girl women and disturbing 19th century framing of 20th century weaponry and uniforms; and that head-on face of the Statue of Liberty? They were like 19th century American Bank Note Co. plates with subs, jets and Sandra Dee.

GottaBKiddn's picture

Here in the Fema Camp all currencies are allowed, but there is no food.

It's all about the starvation, bitchez.

EnslavethechildrenforBen's picture

Coming to a neighborhood near you soon.