Treasury concludes law shouldn't be used to mint $1 trillion coin to avoid debt limit fight

  • Article by: Associated Press
  • Updated: January 12, 2013 - 5:04 PM
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ciamanJan. 12, 13 6:41 PM

Saying it is not possible to use the coin or should not be used to pay off some debt is two different things. Is there going to be one coin in total and people will put dollars down hoping to win it? That is not clear. Or will there be millions of coins? Trillion dollar coins? This should be clear and the Treasury or the mint can do what they want. They have made gold coins and silver coins and coppeer coins in the past. No reason why platinum cannot be used.

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