Well, Obama has nixed the idea of using the "trillion dollar platinum coin". My opinion on why this option was not used is because the coin idea is SELF EVIDENTLY PREPOSTEROUS and even brain dead Americans can see that. The current money dilution schemes like the Fed buying treasury bonds appears obscure, mysterious and incomprehensible to average people which is how the powers-that-be like it. Not so the coin.
Jon Stewart mocked the idea of the platinum coin. I doubt that he has mocked the purchase of treasuries by the Fed. This caused the monstrous and horrible King of the Keynesians Paul Krugman to go berserk:
"Above all, however, what went wrong here is a lack of professionalism on the part of Stewart and his staff. Yes, it’s a comedy show — but the jokes are supposed to be (and usually are) knowing jokes, which are funny and powerful precisely because the Daily Show people have done their homework and understand the real issues better than the alleged leaders spouting nonsense. IN THIS CASE, HOWEVER, IT’S OBVIOUS THAT NOBODY AT TDS SPENT EVEN A FEW MINUTES RESEARCHING THE TOPIC. IT WAS JUST YUK-YUK-YUK THEY’RE TALKING ABOUT A TRILLION-DOLLAR CON HAHAHA. [Bob Roddis says "HA HA HA, Krugman, you miserable jerk!"]
Hey, if we want this kind of intellectual laziness, we can just tune in to Fox.
Update: Some people are asking why I don’t go on TDS to explain. Um, first I have to be invited — which hasn’t happened since, I think, 2005."