Article 5QB2X #MintTheCoin: Economist Explains Problem With Just Minting $1 Trillion Coin to Pay the Government’s Bills

#MintTheCoin: Economist Explains Problem With Just Minting $1 Trillion Coin to Pay the Government’s Bills

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from from FEE on (#5QB2X)

Due to a technicality in the law, the Treasury Department can print a platinum coin and assign a huge value to it-say, $1 trillion-and sell it to the Federal Reserve Board," CNN reported. "This would get around the need to borrow."

What could go wrong?!?

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