Platinum is one of the most rare and valuable metals in the world. Unlike silver and gold, platinum will not melt in a fire. This heat resistance is also what makes platinum difficult to work with ...
Treasury Secretary Janet Yellen shot down the idea, calling it a "gimmick." Could a $1 trillion platinum coin be the solution to the U.S. government's debt limit crisis? Before reaching a short-term ...
After weeks of high-stakes brinksmanship over raising the debt limit, Senate Democrats and Republicans appeared close to a deal early Thursday to, well, defuse the self-inflicted crisis for an entire ...
"U.S. debt is practically the foundation of the global financial system," writes MSNBC's Ryan Cooper. If America defaults on its debt payments, "a major recession is likely." The debt-ceiling crisis ...
Get your news from a source that’s not owned and controlled by oligarchs. Sign up for the free Mother Jones Daily. For some reason, the possibility of evading the debt ceiling by minting a $1 trillion ...
The best romances are the short ones. The dream of the White House minting a platinum coin worth $1 trillion to avoid a debt ceiling crisis is officially done. "Neither the Treasury Department nor the ...
The wholesale retailer is selling a 1-ounce platinum bar, as well as a 1-ounce Canada Maple Leaf platinum coin on its website, both listed at $1,089.99. The products carry a markup of about $94, ...
“It was an amazing predicament. He was, in one sense, the richest man that ever lived—and yet was he worth anything at all? If his secret should transpire there was no telling to what measures the ...
We're pretty sure this won't happen. But ... You practically can't visit a news site these days without seeing a story about why President Obama should or should not order the Treasury Department to ...
We’re 12 days away from the federal government running out of money. And Congress is still playing chicken with the debt ceiling. Remember, that’s the legal limit on how much the federal government ...
Could a $1 trillion platinum coin be the solution to the U.S. government's debt limit crisis? With politicians at a standoff, some senators and other proponents, at the last minute, have renewed talk ...
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