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3232Biden Aides Explore Minting $1 Trillion Platinum Coin as Solution to Impending Debt Default
https://www.digit.info/biden-aides-explore-minting-1-trillion-platinum-coin-as-solution-to-impending-debt-default/
Thu, 04 May 2023 21:19:57 +0000https://www.digit.info/2023/05/04/biden-aides-explore-minting-1-trillion-platinum-coin-as-solution-to-impending-debt-default/Read more]]>As the United States stares down the barrel of a potential debt default come June, a curious and intriguing solution has emerged: crafting a single $1 trillion platinum coin. This unusual tactic exploits a legal loophole that allows the Treasury Department to mint platinum coins of any value. By delivering such a coin to the […]
]]>US Lawmakers Float the Idea of Minting a Trillion-Dollar Platinum Coin to Avoid Sovereign Debt Crisis
https://www.digit.info/us-lawmakers-float-the-idea-of-minting-a-trillion-dollar-platinum-coin-to-avoid-sovereign-debt-crisis/
Wed, 06 Oct 2021 18:00:55 +0000https://www.digit.info/2021/10/06/us-lawmakers-float-the-idea-of-minting-a-trillion-dollar-platinum-coin-to-avoid-sovereign-debt-crisis/Read more]]>American politicians have been clamoring about the U.S. facing a significant debt crisis and the debt ceiling putting the country at risk of default. Joe Biden spoke about the debt ceiling and told Republicans to “just get out of the way” when it comes to the decision. Meanwhile, a number of U.S. bureaucrats are floating […]
As the United States stares down the barrel of a potential debt default come June, a curious and intriguing solution has emerged: crafting a single $1 trillion platinum coin. This unusual tactic exploits a legal loophole that allows the Treasury Department to mint platinum coins of any value. By delivering such a coin to the […]
American politicians have been clamoring about the U.S. facing a significant debt crisis and the debt ceiling putting the country at risk of default. Joe Biden spoke about the debt ceiling and told Republicans to “just get out of the way” when it comes to the decision. Meanwhile, a number of U.S. bureaucrats are floating […]