Philip Klein: Platinum coin, RIP

Published on NewsOK Published: January 12, 2013
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Philip Klein

It was fun while it lasted, but you can put the speculation about the Treasury Department minting a $1 trillion platinum coin as a solution to the debt ceiling impasse to rest.

”Neither the Treasury Department nor the Federal Reserve believes that the law can or should be used to facilitate the production of platinum coins for the purpose of avoiding an increase in the debt limit,” Anthony Coley, a spokesman for the Treasury Department, told the Washington Post’s Ezra Klein.

Click to read full article at Washington Examiner