Pay us in $50 Gold Eagle Coins!

It ought to be self-evident that it is impossible to create wealth by making entries in a computer.

One Nevada businessman may have found a way to bring the system crashing down — he has begun paying employees in those $50 Gold Eagle coins, making their annual salaries well below the threshold for even having to file tax returns. So far, the IRS is helpless to stop it.

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According to this editorial, Fed Reserve Chairman Ben Bernanke, is living up to his nickname “Helicopter Ben”.  Apparently he once said, in 2002, that he would stave off a recession even if he had to drop money off of helicopters to do it.

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