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$1 trillion coin is nuts but not $25 billion – Opinion
Treasury is forbidden from printing money to cover government deficits. Treasury must issue debt, while the Federal Reserve independently controls our nation’s monetary printing press. That is exactly as it should be. But there is an arcane exception for platinum coins. To serve coin collectors, Treasury can issue platinum coins of any denomination. That creates an intriguing loophole: Treasury could bypass the collector market and mint a $1 trillion platinum coin. By depositing it at the Federal Reserve,
Read the full article here:
$1 trillion coin is nuts but not $25 billion – Opinion
Read the full article here:
$1 trillion coin is nuts but not $25 billion – Opinion
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article ID: 900008206 http://www.employmentcrossing.com/article/900008206/1-trillion-coin-is-nuts-but-not-25-billion--Opinion/  article title: $1 trillion coin is nuts but not $25 billion – Opinion
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