TRILLION DOLLAR COINS?

In case you haven't heard, and you may not have if you've been watching the bloviators on CNN or Faux News, there is a move afoot to mint one trillion dollar coins. You heard me, that's right, one trillion dollars. (But hey, a trillion dollars is  chump change compared to the quadrillions of dollars in toxic derivatives right? And by the way, whathappened to all those derivatives anyway? They dropped off the radar faster than a lead 747). Anyway, RT is reporting on this trillion dollar coin:

Obama to pay US debt with trillion-dollar coins?

Now, if you're like me, you may have smelled once again the sulfurous bankster body odor wafting over this story, clinging to it like mothball odor clings to clothes left in a closet. You may be thinking there's a vague resemblance to another story here, but can't quite place your finger on it. Well, permit me to finger the source of the odor:

"As analyst Chris Krueger from Guggenheim Securities’ Washington Research Group explains to the American Enterprise Institute, “There are limits on how much paper money the U.S. can circulate and rules that govern coinage on gold, silver and copper. BUT, the Treasury has broad discretion on coins made from platinum.”

"'Although the Treasury can't just create money out of thin air to pay its bills, there is a technicality in the law that says the Treasury has special discretion to create platinum coins of any denomination, and the thinking is that [Secretary of the Treasury] Tim Geithner could make the coin and walk it over to the Federal Reserve and deposit it in the Treasury's bank account,' adds Joe Weisenthal of Business Insider.

"Although the idea seems outrageous, it’s been discussed repeatedly in the media since the start of 2013, and has even been brought up by an influential member of Congress.

"'It sounds silly but it's absolutely legal,” Rep. Jerrold Nadler (D-New York) tells New York Capital this week. "There is specific statutory authority that says that the Federal Reserve can mint any non-gold or -silver coin in any denomination, so all you do is you tell the Federal Reserve to make a platinum coin for one trillion dollars, and then you deposit it in the Treasury account, and you pay your bills.'"

Gee that's nice... but wait a minute, did I miss something? I thought it was CONGRESS that had the power to make and coin money and regulate the value thereof, and that therefore, such money would be minted under the US Treasury (and hence be debt free), and not the Federal Reserve. That's problem number one.

OK. I freely admit, I'm nitpicking. But problem number two is what intrigues me here. Suppose Congressman Nadler is correct, that there is statutory authority for the Fed to mint such a coin. Would that coin suddenly acquire interest on the short walk from the Fed to drop it into the Federal piggy bank? (Knowing the banksters, of course it would).

But the real problem here - entertaining my penchant for high octane speculation once again - is problem number three. Didn't all those supposedly counterfeit bearer bond scandals involve gold-backed bearer bonds issued not by the US Treasury but by the Federal Reserve? Could there then be a relationship between this story and the facts (1) that several countries are now wanting to audit and/or repatriate their gold from London and New York (think GERMANY and BRAZIL here folks), (2) that it appears that the amounts of gold bullion have been massively obfuscated, (3) that it also appears that whatever bullion DOES exist, has been rehypothecated many times over (4) that many gold bars upon delivery have been filled with tungsten, (5) that the bearer bonds scandals represent a possible reality, rather than being mere counterfeits as the government (and some academics) keep reminding us?

Bottom line: I suspect there's MUCH more going on with this story than meets the eye, but one thing we might conclude from this (crazy) idea: if it's being talked about quietly but openly, then it is possible that a vast system of corruption is close to being exposed.

Keep this little story in mind folks, because it is in my opinion possibly going to return to the news again, albeit in different guises.

See you on the flip side.

 

Joseph P. Farrell

Joseph P. Farrell has a doctorate in patristics from the University of Oxford, and pursues research in physics, alternative history and science, and "strange stuff". His book The Giza DeathStar, for which the Giza Community is named, was published in the spring of 2002, and was his first venture into "alternative history and science".

21 Comments

  1. LSM on January 14, 2013 at 8:38 am


  2. Tor on January 11, 2013 at 12:10 pm

    To me it makes no difference. Brzezinski got it right. “He who controls Eurasia rules the world.” He points out in his book, “The Grand Chessboard”, that Hitler and Stalin had a meeting and decided that no matter what, America could never be allowed to gain a foothold in Eurasia, because this would be a disaster for both of them. This is why Stalin was so convinced that Hitler would never attack him. It didn’t work out like that. The U.S. is now the super power that they both feared, but America blew it. It’s gone the way of the Roman Empire, and the world now belongs to Russia. Trillion dollar monopoly coins won’t fix their problem. Putin is holding all the cards and he has a royal flush.



    • Tor on January 11, 2013 at 12:15 pm

      Isn’t it strange how all their acts seem to be acts of utter desperation? Like scrambling mad men trying desperately to patch the holes, and prop up a collapsing fort?



      • John Q. on January 11, 2013 at 12:42 pm

        I cannot seem to rationalize the unadulterated audacity displayed by the open consideration of such a flagrant abuse of a broken system as indicative of anything other than a purely defensive bluff (*buy time and gauge reactions*) or a blatant, offensive taunt (*flip coin to pauper & wink*).

        I mean, they can’t ACTUALLY be serious, right?

        Right…?



        • Tor on January 11, 2013 at 1:10 pm

          Well Rome fell, but was reorganized under the Catholic Church. I don’t think it was a bluff. I think it fell, but people with money and power quickly rushed to secure their interest. I think that’s what they are doing with outsourcing America to China, in a grand American rummage sale. Why China? They tried to gain a foothold in Russia, and Putin threw the Banksters in jail. They know that any Russian super power is going to involve a Russia/China dynamic, so when they can’t gain a foothold in Russia directly, they go to China. The strategy is that they will just make the jump from China to Russia later, and then they will have a footing in both China and Russia. To me, what remains to be seen is what Putin is going to do. I think he hates the banksters, and they are certainly already trying to get rid of him. I’m not so sure that Putin is any better than what we have now though. He also likes to have meetings with Brzezinski, and I think that’s troubling. As far as the U.S., I think it’s finished, and they know it, and big players are bailing. It’s got a big huge military and its still useful and they don’t want to see it crash just yet, but for the most part, I think the powers that be are done with us. They want to disarm it, and lock it down.



          • jedi on January 11, 2013 at 1:26 pm

            That history you refer too is i am sorry to say, entirely fabricated……with all due respect Tor.



          • John Q. on January 11, 2013 at 1:36 pm

            I don’t disagree with any of that assessment, but how does that directive necessitate the minting of these Trill pieces?

            In other words, your scenario is entirely plausible, and perhaps even underway, but how does that connect to the minting of trillion dollar coins?

            (Unless, of course, the logistical shifts and maneuvering have already concluded, and they are aiming for a controlled demolition of the U.S. economy (and the USD as global reserve currency) because they’re perfectly prepared to open up shop in China, to follow your scenario.)

            What we need to consider, in my opinion, is the following:

            Might we rationalize this notion of minting trillion dollar coins as a deep signal, issued covertly through public channels, to someone(s) quite specific?

            Could it be a veiled threat regarding the push for a resolution of the global financial woes?

            Is the Western Financial Interest announcing that they are effectively holding the world (i.e. the globalized economy) hostage?

            “By the bye, world at large, go ahead and keep up your calls for international financial reform and audits of your bullion, and you’ll see just what happens when you force us to push this big red button on which our finger rests.”



          • Tor on January 11, 2013 at 1:50 pm

            So what is the unfabricated history Jedi? The Roman Empire never fell? What about Assyria? Babylon? Empires don’t fall? Not sure I really understand, but sounds interesting. I like reading about interesting things. Is there a source for whatever your claim is? Maybe I’m wrong. That happens to me a lot, but then again, I also look at different theories and decide they are wrong too. I have to say though, that I saw your post on the bible, and I think I’ve sufficiently proven to myself that the bible is a re edit of Babylonian and Egyptian texts, with a history of the Jews that is a work of fiction. Not a big fan of the Bible, and it think it most certainly was invented to end up in the hands of peasants and control the masses. I say this with all due respect to you too Jedi. No disrespect to your spiritual nature. I admire that quality, but I just don’t like the bible.



          • jedi on January 11, 2013 at 2:34 pm

            You-re a breath of fresh air Tor…the quest for truth is the most endearing quality in a awakened spirit.

            First off if your feeling fear or anger you are being misled, keep that in mind while doing your research.

            As for the bible, you are quite correct. You see the meanings of words and the bible itself has been subverted. It talks about the world rising above the waters in a expanding earth scenario and calling that firmament heaven. It describes light as the source of creation, as anyone can look up on youtube and see that demonstrated, ie dna coding in sunlight, it talks about the effect of salt on water which you can look up and see salt water burning. It also talks about the use of slavery will destroy a people that resort too it…by the slaves of course.
            and then there are the word games…the first 7 characters of the bible, is an anagram, god lord adam eve cain able seth…..have a go at it.
            Also the ancients had mastered dna sequencing codes and were aware that humans had 46 chromosomes. I suggest you get a proper dictionary of new testament words and a KJ bible and have a go at it.
            Go to the Armana site, there is an overview of the schematic of a human dna sequence in one of the buildings. Seems they fused the 2 and 3rd chromosome
            and perhaps shut off 9 others to produce man beasts.
            and it is all in the bible…..and much more. Try looking at it from a scientific perspective, with yahweh, lord as a kind of CEO of the enterprize rather than the recent invention of a divine entity.
            http://www.amarnaproject.com/pages/amarna_the_place/central_city/index.shtml



      • kathleen on January 12, 2013 at 11:01 am

        This notion of having a huge amount on one coin or paper money for that matter, reminds me of the stories heard during childhood of pre-
        Nazi Germany and all of Western Europe for that matter, when the women took wheelbarrows to the factory where their husbands worked
        Since they were paid in cash. The denominations of the money was in tens of thousands and even millions just to buy a loaf of bread. Then they took said wheelbarrow to the butcher or bakery. Mind you, they guarded that wheelbarrow with their lives, since it was far more valuable that the worthless money inside it.



  3. Robert Barricklow on January 11, 2013 at 9:35 am

    This “Trillion Dollar Coin” is a story buried in purposeful decptions within deceptions. One that “they” are masters of.
    Max Keiser peels away one layer of the accounting fraud that it is.(Jan 10th Report)
    Judge Napolitano misdirects. (Fox Insider video).
    Expect beaucoup mis/disinformation, on this story.

    This is just one of the many aspects I enjoy at Dr. Farrell’s site: He Goes DEEP.
    This post has once again “opened” my mind’s eye
    to the deeper story, within the story.



  4. jedi on January 11, 2013 at 8:43 am

    The real story is the federal reserve charter has been renewed after its expiry on Dec 22 2012… a 99 year lease.. I wonder if any of the players changed…..thats information that will never see the light of day.

    A trillion dollar coin….., theyll put Obango on it. Considering the million dollar bill had Wilson on it…..the game of monopoly continues on, with packs of cannibals roaming the festering empire.



    • Robert Barricklow on January 11, 2013 at 9:41 am

      Jedi I must admit I was unaware of this until your persistent comments kept at it. I always appreciate these kind of comments.
      Is there “somewhere” I can look to get more info on this?



      • jedi on January 11, 2013 at 12:46 pm

        if the govt wasn’t consulted with the formalities…..its a defacto NWO, while the masses do intellectual circle jerk.

        Remember when Obama got elected, a huge Chinese flag flew from the white house.



      • BetelgeuseT-1 on January 11, 2013 at 9:30 pm

        According to many sources, the act was changed in 1927 and became perpetual.
        See “http://www.godlikeproductions.com/forum1/message2099779/pg1”
        and “http://www.dailypaul.com/138304/federal-reserve-charter”.
        Would very much like for this to be wrong…



        • Robert Barricklow on January 11, 2013 at 9:40 pm

          Thank you BetelgeuseT-1



          • jedi on January 12, 2013 at 8:01 am

            the Illuminati rewrite history card played.



        • Robert Barricklow on January 12, 2013 at 9:49 am

          Very perceptive Jedi.
          I’d expect no less from you.
          LOved it!



          • jedi on January 12, 2013 at 11:07 am

            i never get the blue reply ribbon award button though.



          • Robert Barricklow on January 12, 2013 at 11:18 am

            Go for the Pabst Blue Ribbon,
            preferrably with a whiskey chaser.
            Enough of those, and it just doesn’t matter.



          • jedi on January 12, 2013 at 11:43 am

            thats the unholy grail, libations are what DR. do little prescribes



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