Newly released documents from inside the US government confirm the existence of high-level legal discussions on whether the Treasury Department can and should create a trillion-dollar platinum coin. The idea for such a coin has been floated in various circles for years as a way to give the US additional funds without having to borrow […]
The post $1,000,000,000,000 Platinum Coin To Avoid Default Discussed at ‘Highest Levels’ of US Government: Report appeared first on The Daily Hodl.
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 […]