The Platinum Coin is a Bad Joke and Bad Policy if Eventually Done
Wall Street Pit Okay, so the Treasury mints a Platinum coin, and deems it to be worth One Trillion Dollars. We have a fiat currency, so what is the problem? There are fiat currencies, and there are fiat currencies. Depositing something as collateral into the central bank where the “melt value” is decidedly less than one million, much [...] View the full post at: The Platinum Coin is a Bad Joke and Bad Policy if Eventually Done Related posts: The Big Three and TARP: What Happened to Democracy? You want volatility?