Elon - "America is going bankrupt btw".....(😮🤐)
(twitter.com)
You're viewing a single comment thread. View all comments, or full comment thread.
Comments (34)
sorted by:
And he just dropped this one
https://x.com/elonmusk/status/1815451522748010786
That's direct. Is the first one a silver coin? (2021, so not a fed minted US coin.)
The government mints pure silver coins yearly both silver Morgans and silver eagles. You could spend it but would be foolish to do so since they carry a face value of one dollar.
Not true. The purchasing power of an FRN "dollar" and a U.S. Mint Silver or Gold Eagle are vastly different.
What? He's right. If you try to go the store and use it, it's face value is one dollar. Hence the name, silver dollar? You can use a bicentennial quarter and not realize it, it's still has a face value of a quarter .. big confused. By that logic, every paper dollar you spend should be refused, since it's just paper
The face value of the coins (well silver eagles) say one dollar. They are worth more in silver than that if anyone wanted to go to the store and use it as tender it would count as a dollar.
AFAIK only the Mexican silver Libertad doesn't have a face value on it and goes for the current value of silver if using it as tender
There is also a $50 legal tender gold coin.
Thanks. Glad to learn!