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Debt limit crisis: Why people won
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The Trillion-Dollar Question: Could a Coin Save the Day? - New …
WebMar 23, 2024 · Using the coin is no more inflationary than issuing bonds. If there is too much liquidity in the banking system as a result of the coin the Federal Reserve will sell treasury securities in its portfolio and “sterilize” the impact. WebSep 22, 2024 · The U.S. is not on a gold or platinum standard. And even though the coin will require some platinum to be used, it can be as small as a dime, with the U.S. Treasury assigning any value to it, including $1 trillion. "Like this is the parody version of #MTFC. Coin doesn't have to be massive. WebJan 24, 2024 · Janet Yellen is the latest Treasury secretary to push aside the idea of minting a trillion-dollar coin, but proponents nevertheless embarked on a campaign this week to keep the idea … high blood pressure while on meds