Beowulf: Monetary Realism
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Submitted by lambert on Sun, 01/06/2013 - 12:23am
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Friday, December 7, 2012
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"There was a congressional hearing last week on a bipartisan bill to replace paper dollars with dollar coins. Swell idea I’m sure, however if it passes (probably too late this year but its budgetary savings might get it slipped into a budget deal), Congress would do the scarcely imaginable, it make the Trillion Dollar Coin an even more powerful tool for the Secretary of the Treasury" (original).