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| 02:25 AM | ||
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| 02:25 AM | ||
Debt Ceiling Doom: White House Rules Out Trillion Dollar Platinum Coin | |
| Anonymous Coward User ID: 32026226  Germany01/12/2013 04:17 PM Report Abusive Post Report Copyright Violation | |
| Anonymous Coward User ID: 32023544 Germany01/12/2013 04:17 PM Report Abusive Post Report Copyright Violation | The Treasury is ruling out the use of a trillion dollar platinum coin to break the debt ceiling impasse. Quoting: Anonymous Coward 32026226 >>> [link to www.businessinsider.com] What other options do they have? Raising the debt ceiling. |
| Anonymous Coward User ID: 32053048  Brazil01/12/2013 04:18 PM Report Abusive Post Report Copyright Violation | The Treasury is ruling out the use of a trillion dollar platinum coin to break the debt ceiling impasse. Quoting: Anonymous Coward 32026226 >>> [link to www.businessinsider.com] What other options do they have? Raising the debt ceiling. and that's what they will do, after a few weeks of pretending.... |
| Anonymous Coward (OP) User ID: 32026226 Germany01/12/2013 04:18 PM Report Abusive Post Report Copyright Violation | |
| Anonymous Coward User ID: 32031839  United Kingdom01/12/2013 04:20 PM Report Abusive Post Report Copyright Violation | |
| Anonymous Coward User ID: 961432  United States01/12/2013 04:22 PM Report Abusive Post Report Copyright Violation | The Treasury is ruling out the use of a trillion dollar platinum coin to break the debt ceiling impasse. Quoting: Anonymous Coward 32026226 >>> [link to www.businessinsider.com] What other options do they have? A trillion dollar bill? Besides, making it out of metal might give some misguided idea to the masses that PMs have value.  |
| Anonymous Coward (OP) User ID: 32026226 Germany01/12/2013 04:22 PM Report Abusive Post Report Copyright Violation | |
| Anonymous Coward User ID: 961432 United States01/12/2013 04:23 PM Report Abusive Post Report Copyright Violation | Impossible as all forms of currency are now fiat in nature which implies counter party risk of sovereign debt. Debt has intrinsic risk, the risk is masked thus the risk is unknowable and unquantifiable making it essentially worthless or at least worth less and less every day. . |
| Anonymous Coward User ID: 32023544 Germany01/12/2013 05:20 PM Report Abusive Post Report Copyright Violation | |
| Anonymous Coward User ID: 32023544 Germany01/12/2013 05:50 PM Report Abusive Post Report Copyright Violation | |
