parrot

This Week's Game


Trillion $ Mint


Congress has granted the right for the US Treasury to mint coins, which is known as seigniorage. Congress still solely decides what is to be spent. The US went off the gold standard in 1971, and since then, the US dollar's only backing is the full faith and credit that if the US government owes a debt in dollars, it will be paid in dollars. ONE PARROT spends but caps government debt and threatens bond defaults on loan payments to limit the other parrot's spending. THE OTHER PARROT also spends and increases taxes and borrowing to pay for what it feels the US needs. To prevent a world-shaking default on US debt, the Treasury could mint $1 Trillion coins and deposit them at the Fed to buy back debt or make interest payments and prevent the US from losing its status as the world reserve currency. First, CLICK ON A ROLE, then click on YES or NO if you think a majority of each role is for or against, and submit to compare with our forecast.


Should Treasury Deposit Trillion Dollar Coins at the Fed?

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Let’s get horizontal, Politics 4.0 makes strange bedfellows

Turn your phone and your perspective horizontally
Widen your views, literally and figuratively
Politics is a landscape not a self-portrait
You’ll need both your left and right thumbs
Widen your views — left and right
Let’s knock down some figurative silos
Let’s sit on the 50 yard line, not just one end zone

Congress has granted the right for the US Treasury to mint coins, which is known as seigniorage. Congress still solely decides what is to be spent. The US went off the gold standard in 1971, and since then, the US dollar's only backing is the full faith and credit that if the US government owes a debt in dollars, it will be paid in dollars. ONE PARROT spends but caps government debt and threatens bond defaults on loan payments to limit the other parrot's spending. THE OTHER PARROT also spends and increases taxes and borrowing to pay for what it feels the US needs. To prevent a world-shaking default on US debt, the Treasury could mint $1 Trillion coins and deposit them at the Fed to buy back debt or make interest payments and prevent the US from losing its status as the world reserve currency. First, CLICK ON A ROLE, then click on YES or NO if you think a majority of each role is for or against, and submit to compare with our forecast.

puzzle Icon Should Treasury Deposit Trillion Dollar Coins at the Fed? puzzle Icon

YES key

  • 1
    $ value might increase on foreign markets
  • 3
    With our armed forces we do as we please
  • 5
    Congress still controls spending
  • 7
    Keeps taxes low & supply high
  • 9
    Defaulting risks $ reserve currency status
  • 11
    Bakes a bigger apple pie to share
  • 13
    Will spur a wave of innovation
  • 15
    A way to pay for the green revolution
  • 17
    Last default threat cost the US $19B
  • 19
    Could spur economic development zones
  • 21
    More generous foreign aid
  • 23
    Better STEM schools & pay for teachers
  • 25
    China heavily supports its industries
  • 27
    Less crime because of more prosperity
  • 29
    May need more immigrants
  • 31
    It's just digits on a computer

Majority of the Role?

  • Activists
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  • Sanitation
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  • Big Tech
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  • Urban Investors
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  • Caregivers
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  • Gun Owners
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  • Urban PT
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  • Nat'l Lenders
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key NO

  • 2
    Might destabilize $ on foreign markets
  • 4
    May cause trade wars
  • 6
    May cause real wars over resources
  • 8
    May increase inflation
  • 10
    Minting risks $ reserve currency status
  • 12
    Other countries might follow suit
  • 14
    Speeds obsolescence
  • 16
    Greening America causes inflation
  • 18
    Funny money risks the world order
  • 20
    Yuan or Euro could dethrone the $
  • 22
    Debt default is a useful tactic
  • 24
    Controversy breeds profits
  • 26
    Debt is worrisome
  • 28
    Countries cornering commodity markets
  • 30
    May need more immigrants
  • 32
    May increase government interventions
#1 of 16 per week