trillion dollar platinum coin

(Newser) - Another debt-ceiling standoff is upon us, which means a bizarre-sounding idea is once again in circulation: Mint a $1 trillion coin to pay the nation's debts. Treasury chief Janet Yellen, however, suggests advocates should forget it because the nation's central bank probably would not accept such a coin,...

(Newser) - Jon Stewart last week swiped at Paul Krugman's $1 trillion coin idea , eliciting a somewhat thin-skinned response from the economist, who told ABC News that "Obviously neither he nor his staff did even five minutes of looking at the financial blogs" and blasted Stewart for "ruining his...

(Newser) - Despite facing plenty of blowback from wags, wonks, and politicos over the past week—such as Ezra Klein in the Washington Post —Paul Krugman is continuing his push for the $1 trillion platinum coin option to bypass the looming debt ceiling debate. ( Here's a summary of how...