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  • 108 messages
  • June 28, 2011 19:07
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June 28, 2011 19:07

Can someone create 1 initi at nominal so I can fill it at 1959041 . Apparently not everyone can decide for themselves anymore.

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  • 74 messages
  • June 28, 2011 19:56
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June 28, 2011 19:56

Eeehh, oops

The photos are the wrong way round

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  • Catalogue administrator
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  • June 28, 2011 21:07
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June 28, 2011 21:07

In any case, that has been rectified.

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  • 108 messages
  • June 28, 2011 23:00
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June 28, 2011 23:00

That picture was known, but I thought wait until the 1 inti face value is created, all at once.

By the way, I find it very disturbing that it may no longer be imported. Now I understand that certain people are overloaded with lists of work and this keeps it simple for them. But the system must mainly be user-friendly in my opinion and that is becoming less and less. Administrator friendly is also important, but in my opinion subordinate to user-friendliness

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  • July 08, 2011 17:11
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July 08, 2011 17:11

(news item z24)

Save the US: Strike 1 Trillion Coin

America is in danger of putting itself in trouble if the federal government debt ceiling is not raised within two weeks. But there is a solution: strike a coin worth $ 1,000 billion.

The United States is threatening to get itself into financial trouble through political haggling. Legally, the maximum loan amount for the federal government must be adjusted every few years and this must be done again this summer.

The current legal ceiling on US government debt is $ 14,300 billion. Actual government debt has now reached that level.

If the US Congress does not pass a law to raise the debt ceiling within two weeks, the federal government will be in trouble financing public spending.

The technical problems with the debt ceiling have nothing to do with the structural borrowing capacity of the US. There is not much wrong with that. But Republicans and Democrats have been bickering for months about the conditions for raising the debt ceiling: should cuts be made harder, can taxes be increased?

One Thousand Billion Coin
However, there is a way to get around the legal cap, according to a American blogger earlier this year.

The United States Treasury Department has the authority to issue a platinum coin (weighing one ounce ) and issue it with a face value of $ 1,000 billion.

Subsequently, Treasury Secretary Geithner can go to the Federal Reserve Bank of New York and use the currency to buy back government bonds for $ 1,000 billion from the central bank. Debt gone, job done.

Before handing it in, please enter it on Catawiki; )

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