Daniel R Woodward

Daniel R Woodward

Daniel R Woodward

Trillion Dollar Coins and the Problem of Social Media Politics

January 23, 2013, by Daniel R Woodward, category Life

Billion Dollar Coin

There is a movement that is gaining steam in the social media world centered around the idea of minting a Trillion Dollar Coin and depositing it into the US Treasury as a way to deal with the fiscal cliff (which may not have been avoided) and to pay down our debts.
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This is yet another example of the short-cut logic that social media as a whole continues to propagate. Yet we have politicians supporting the trillion dollar coin right now. There are also“business experts touting the plan to mint a trillion-dollar coin” and the hash tag #MintTheCoin is gaining steam.

The voice of the people is being heard, just the wrong one.

Thoughts?