Sunday, September 26, 2021

Could a $1 trillion coin save the federal government from financial Armageddon?

 If it's debt ceiling crisis season, then it's also time for the craziest solution to the problem: Getting President Joe Biden to issue a $1 trillion coin.

The idea, which has been around for about a decade, is that the president can issue a $1 trillion "commemorative" coin, deposit it with the Federal Reserve, and allow the government to keep paying its bills ...

Read more at 3KCRA NBC - 3 min. read

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