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January 8, 2013 02:05 pm PST
Original Link: http://feeds.boingboing.net/~r/boingboing/iBag/~3/IqvUKniAjn8/the-trillion-dollar-coin-solut.html
The trillion dollar coin solution to the debt ceiling
"[I]f Congress refuses to raise the debt ceiling, Treasury could avoid catastrophe by creating a … single trillion-dollar coin — deposit it in the Federal Reserve, and, boom, problem solved." New York: Republican member Greg Walden has introduced a bill banning the Treasury Department from using large denomination coins to save the economy from crazed [...]Original Link: http://feeds.boingboing.net/~r/boingboing/iBag/~3/IqvUKniAjn8/the-trillion-dollar-coin-solut.html
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