Free Republic
Browse · Search
Bloggers & Personal
Topics · Post Article

To: MercyFlush

he was specifically referencing a platinum bullion coin. The tweet is hyperlinked. Krugman wants a “platinum” coin. If you were reading correctly you have noticed that.


4 posted on 10/05/2021 10:26:27 AM PDT by JV3MRC
[ Post Reply | Private Reply | To 3 | View Replies ]


To: JV3MRC

Whoopee that Krugman said ‘platinum’.

The actual LAW is that the Mint and the Treasury do not issue currency or coin that is linked to the value of the paper or metal used to depict a face value.

A one trillion dollar coin or note does not have to contain one trillion dollars worth of anything anymore than a $1 coin contains a dollar’s worth of metal.


12 posted on 10/05/2021 10:41:27 AM PDT by MercyFlush (The American Revolution was a violent revolt against a dictatorship. )
[ Post Reply | Private Reply | To 4 | View Replies ]

Free Republic
Browse · Search
Bloggers & Personal
Topics · Post Article


FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson