Demand worth Trillion $...

 Aritcle;

A platinum Solution to US Fiscal Woes 1 trillion coin


Comment;

One thing is missing that these coins will be accepted by the Fed under the US Law and it will print money equal to 1 trillion to pump into the economy. But still the problem is not completely gone. The question is “Whether this money will be accepted by common people and in times of high inflation (whether) it can be used to suck liquidity from the market like done under Open-Market-Operations (OMO)?" If it is so it will be good but the only difference differences will be that there will be no debt on the either side. But only wealthy people can do so, not the common man. People will see it as an antique and investment in antique, and, will remember for ages to come… (Has it happened before?) But the ailment of the economy is depressed demand and the money’s best use will be to infuse demand in the economy, and, we need to think an out-of-box solution like this one….