So much for the $1 trillion platinum coin idea. The U.S. Treasury Department said on Saturday it will not produce platinum coins as a way of generating $1 trillion in revenue and avoiding a battle in ...
With Congress refusing to raise the statutory debt limit, some are calling on the U.S. Mint to create a single platinum coin and then "sell" it to the Federal Reserve for $1 trillion. If the Fed, ...
The government could run out of money to pay its debts as soon as June 1, and Congress hasn't acted. One potential solution: Minting a trillion dollar platinum coin to pay off debts and avert disaster ...
As I argued in my column last week, there are many reasons to believe that the upcoming debt ceiling showdown will be more difficult to resolve than the summer 2011 impasse. Anticipating this, a ...
Could a $1 trillion platinum coin be the solution to the U.S. government's debt limit crisis? With politicians at a standoff, some senators and other proponents, at the last minute, have renewed talk ...
Treasury Secretary Janet Yellen dismissed the idea of minting a $1 trillion platinum coin to keep the U.S. from defaulting on the national debt as a "gimmick" that the Federal Reserve is unlikely to ...
(KTLA) – Following the smash success of adding gold and silver bars and coins to its list of products, Costco has added a new precious metal to its stores: platinum. The wholesale retailer is selling ...
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