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January 24, 2023. Share. Save. Later this year, for no good reason at all, ... Grey: The Treasury secretary has the Mint create a trillion-dollar platinum coin. It deposits it at the Fed, ...
Feb. 2, 2023. WASHINGTON — The ... The trillion-dollar-coin concept first emerged in 2010 before the first big Obama-era debt ceiling fight.
The last of The Royal Mint's one-ounce gold coins containing the image of Queen Elizabeth II sold for a whopping $50,000 in August 2023 at the Global Showcase Auction through Stack's Bowers ...
There's growing concern that Congress might not be able to reach a deal to lift the debt ceiling. But there's a creative, yet unlikely work-around: the trillion dollar coin.
It is high time to retire the trillion-dollar coin to its rightful place in the dustbin of crackpot ideas. With inflation not yet under control and the ... January 31, 2023 6:30 AM ...
May 27, 2023. save d. Save this article to read it later. ... They would charge $10,000, get ten thousand one-dollar coins, and use the coins to pay off their card.
The Indicator from Planet Money explores how a trillion-dollar platinum coin could get the country around the debt ceiling limit. Business January 27, 2023 4:29 PM ET ...
Powell expressed his misgivings about the trillion-dollar coin after a question from Rep. William R. Timmons, R-S.C., an opponent who is sponsoring a bill called the Cancel the Coin Act.
Washington, DC, Nov. 02, 2023 (GLOBE NEWSWIRE) -- The United States Mint (Mint) today announced that the 2023 Morgan & Peace Dollar Reverse Proof Two-Coin Set (S) will be available at noon (EST ...
May 13, 2023. Could we mint a $31 ... Because using a trillion-dollar coin to pay off the debt is an untested idea, we also don’t know how the financial markets would react to such a plan, White ...
May 9, 2023. Move over, trillion-dollar coin, there is a new debt limit workaround in town — and this one sounds more sophisticated, ...