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<p>[QUOTE="Juan Blanco, post: 1609215, member: 41665"]This was (I thought) a mind-boggling, fringe-nutty idea when I happened to see it on a Gold-Bug forum a few years ago. New Normal now?</p><p><br /></p><p>The concept goes the US Mint should coin a really, really, <i>really</i> big bullion round (valued at a Trillion USD$ or so) ... and thereby settle the US debt. </p><p>However far-fetched, it was considered "a good idea" by resident bullionists/GBs who were, almost without exception, Republican-/ or right-leaning. </p><p>I was not opposed either, but I didn't think through any implications or effects ... for now I'll claim <i>agnostic</i>.</p><p><br /></p><p>Now a Dem has floated the idea and Repubs are <b>furious </b>with the suggestion - a total FLIP-FLOP! (Just like they did on the Healthcare Individual Mandate.) </p><p><br /></p><p><a href="http://www.huffingtonpost.com/2013/01/07/platinum-coin-greg-walden_n_2425940.html" target="_blank" class="externalLink ProxyLink" data-proxy-href="http://www.huffingtonpost.com/2013/01/07/platinum-coin-greg-walden_n_2425940.html" rel="nofollow">http://www.huffingtonpost.com/2013/01/07/platinum-coin-greg-walden_n_2425940.html</a></p><p><br /></p><p>Does this story have legs? What do bullionists on CT think about sending China a Monster Coin to settle the rotten Treasury Paper? </p><p><br /></p><p>And doesn't <span style="color: #000000">Rep</span>. Denny Rehberg (R-Mont) keep introducing 'Gimme Bills' in Congress, to FORCE the Mint to issue PGM coins? What does he have to say about all this?[/QUOTE]</p><p><br /></p>
[QUOTE="Juan Blanco, post: 1609215, member: 41665"]This was (I thought) a mind-boggling, fringe-nutty idea when I happened to see it on a Gold-Bug forum a few years ago. New Normal now? The concept goes the US Mint should coin a really, really, [I]really[/I] big bullion round (valued at a Trillion USD$ or so) ... and thereby settle the US debt. However far-fetched, it was considered "a good idea" by resident bullionists/GBs who were, almost without exception, Republican-/ or right-leaning. I was not opposed either, but I didn't think through any implications or effects ... for now I'll claim [I]agnostic[/I]. Now a Dem has floated the idea and Repubs are [B]furious [/B]with the suggestion - a total FLIP-FLOP! (Just like they did on the Healthcare Individual Mandate.) [URL]http://www.huffingtonpost.com/2013/01/07/platinum-coin-greg-walden_n_2425940.html[/URL] Does this story have legs? What do bullionists on CT think about sending China a Monster Coin to settle the rotten Treasury Paper? And doesn't [COLOR=#000000]Rep[/COLOR]. Denny Rehberg (R-Mont) keep introducing 'Gimme Bills' in Congress, to FORCE the Mint to issue PGM coins? What does he have to say about all this?[/QUOTE]
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