America & the Trillion Dollar Conundrum

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simpsons trillion economy

Little did we know that in 1999 current economists and policy makers were seeing into a future 2013 when the mighty American economy would be brought to its knees from its own insatiable appetite for corporate profits and the solution to escape the debt riddled debacle, and the clutches of stubborn House Republicans, would be to mint a Trillion dollar platinum coin.

I kid you not. Some even thought it to be a viable last option. The Fed has since dismissed the rumors as nothing short of fanciful fairytales, but still, one has to think what we’re coming to when The Simpson’s contribute to solid economic policy.

Here are some more links on the discussion:


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One response to “America & the Trillion Dollar Conundrum”

  1. The worst part of the problem is how ugly the numbers have become,
    I have posted several articles on my blog concerning this subject. Let us
    hope Washington does not use another cheap trick to sidestep its fiscal
    responsibilities;
    http://brucewilds.blogspot.com/2013/01/ugly-math-made-simple.html

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