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Treasury to simply mint a $1 trillion platinum coin!!!! It is legal and it's possible.
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Original Message
As President Obama and Congress barrel toward the next fiscal fight - how to deal with the $16.4 trillion debt ceiling the country is expected to hit next month - one solution that has generated an extreme amount of buzz is for the Treasury to simply mint a $1 trillion platinum coin. The idea is kind of like Justin Bieber: It has wildly vocal fans despite its flaws but it also has equally as vocal detractors who think the whole idea is completely absurd.
Here are five things to know about the $1 trillion coin idea:
1) It is legal and it's possible
....2,3,4,5
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