Posts tagged with: national deficit

Blog author: jcarter
posted by on Friday, January 4, 2013

Remember last month when we discussed the “platinum coin option”? If you’ve forgotten already, it was the ridiculous idea that President Obama could have the U.S. Mint produce a pair of trillion-dollar platinum coins and deposit them with the Federal Reserve to pay off the national deficit. You probably thought it was such a goofy plan that no one in Washington, D.C. could possibly take it seriously, right? Well, think again: