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Sorry, Peeps: No Platinum Coin For You

Mother Jones - 12 Jan 2013 23:21
When it comes to the Most Important Political Topic Of Our Times™--namely the possible minting of a $1 trillion platinum coin--Ezra Klein advances the ball today. The idea behind this slow-news-week chimera is that the Treasury would mint the coin, deposit it at the Fed, and voila: the government has more money to spend even though we've hit the debt ceiling. So far we've all argued about whether this is a good idea; whether it's legal; and whether President Obama would ever consider this opti...
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