#MintingtheCoins
Explore tagged Tumblr posts
Visit Tumblr Blog
Explore Tumblr blogs with no restrictions, modern design and the best experience.
Last Seen Tumblr Blogs
Fun Fact
The “We are the 99%” Tumblr blog became the slogan for the Occupy Wall Street movement.
Text
Minting the Trillion Dollar Coin is a False Choice
The US Treasury does not need to mint (issue) a trillion dollar coin to finance the federal government in a debt ceiling crisis. Instead, the Treasury could mint just enough platinum coins to pay the bills during the crisis. Federal law (31 U.S. Code § 5112) gives the US Security of the Treasury the power to “mint and issue proof platinum coins.” Former US Mint Director Philip Diehl thinks this…
View On WordPress
#A Better Alternative to MinttheCoin#A Platinum Stablecoin Makes Sense#Are Stablecoins the Answer?#Debt Ceiling Crisis#Minting the Trillion Dollar Coin is a False Choice#MintingtheCoins#MintTheCoin#Should the US Treasury Mint a Platinum Stablecoin?#trillion dollar coin#What’s Wrong with MinttheCoin?
0 notes