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MattSpokeLoud t1_j5s7uct wrote

What would happen if we printed, say, 50 of these coins? Debt be gone and money for investments. Would all money be wortheless? Yeah, probably, but what if we accidentally dropped the coins into the ocean? Like, good luck, dropped from 30,000 ft into the Pacific.

Say all this happens, do we have wheelbarrows of bills for a loaf of bread or are we good?

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LOSTandCONFUSEDinMAY t1_j5tbxuv wrote

It would be more or less the same as if congress raised the debt ceiling by 50T or got rid of it entirely. Not a whole lot would happen unless congress also authorized the Treasury to spend all that money.

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