The United States is facing a debt default, and the winner of the award once again called for the creation of a $100 billion coin.
Joe
May 27
Nobel laureate Paul Crokermann stated that the creation of a golden currency of $1 trillion could prevent the United States Government from defaulting on its debt without increasing inflation. The idea behind this coin is that, as the United States Congress remains deadlocked in raising the debt ceiling, the United States Treasury Department can use its authority to create a golden currency with a nominal value of $1 trillion for billing purposes. Some economists criticized the idea of $1 tri...
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Joe

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