A trillion-dollar platinum coin could be minted “within hours of the Treasury Secretary’s decision to do so.” That’s according to Philip Diehl, former director of the United States Mint, as reported to Axios.
In one fell swoop, Congress gets rid of its debt-ceiling problem. Is it really that simple? Helping us answer this question is Stacy Notley, CEO of The Manning Group.
Q&A:
- Stacy, is it really that simple? Can the US Mint simply mint a trillion-dollar coin to bridge the gap and solve the debt-ceiling crisis?
- What is the impact of minting a trillion-dollar coin– and if one works, why not mint two are ten or 1000 of them, rounding it up to one quadrillion dollars?
- So, if we skip minting trillion-dollar coins, and leave the dept ceiling matter to Congress, what could take weeks, particularly if the reconciliation process is utilized.
- What is the difference between minting a trillion-dollar platinum coin vs. going back to a gold or platinum standard, and which, if either, do you think we should do?
- What is the longest any paper money has lasted in history and what currency has proven to withstand the test of time?
- With all this financial upheaval, many people have seen their personal credit ratings plummet. What can be done about fixing credit?
- Where may be get more information on rebuilding their personal credit? The Manning Group website at: manning-group.com
CONTACT: To schedule an interview with Stacy Notley, contact Celinda Hawkins at (432) 349 – 2736 jerry.specialguests@gmail.com or Tamara Colbert at 626-244-5571 tamara@ohsweetliberty.com or Samantha Mao at jerry.specialguests@gmail.com.
