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Wednesday, March 25, 2020

They are seriously debating whether the dollar must be backed by paper

They are seriously debating whether the dollar must be backed by paper

Anonymous comments: 

I suppose, they could back the 'Greenback' with Toilet Paper as an interim measure (instead of gold), as long as the Federal Reserve nationalizes all TP factories. 

If they keep "printing" money out of thin air, at some point, there will be no real tangible difference .

2 comments:

  1. I suppose, they could back the 'Greenback' with Toilet Paper as an interim measure (instead of gold), as long as the Federal Reserve nationalizes all TP factories.

    If they keep "printing" money out of thin air, at some point, there will be no real tangible difference .

    "Never let a good crisis go to waste." - Rahm Emanuel

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  2. The greatest troll in the history of mankind would be if Trump invoked the Defense Production Act and ordered New York Times & Washington Post to stop printing newspapers and start manufacturing toilet paper.

    https://twitter.com/Boomieleaks/status/1242476883804966912

    ReplyDelete