Economy Now

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Daily Archives: January 4, 2013
  • Can a $1 trillion coin end debt ceiling crisis?

    What if the threat of a voluntary default by the United States could be erased by simply turning one tiny scrap of platinum into a coin?

    That's right. No debt ceiling problem. No bickering in Congress. No market jitters. The only thing needed is for the Treasury Department to mint a platinum coin with a face value of $1 trillion.

    Of course, this is not going to happen. Creating money out of MORE

    - Jan 4, 2013 9:35 AM ET
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Economic Calendar
Latest ReportNext Update
Home pricesAug 28
Consumer confidenceAug 28
GDPAug 29
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