In response to:

Insane: Liberals Contemplate $1 Trillion Platinum Coin to "Solve" Debt Limit Issue

aceofwands Wrote: Dec 08, 2012 12:27 PM
A better idea would be to abolish all of those Lib feel good programs and Fed agencies you created and get back to the Constitutional required spending. Cutting the Fed Gov by 65% would go a long way to solvency...OH!...but that would deprive libs of their "bribes for votes" scheme they have created.

Welcome to Zimbabwe.  This is not a parody -- it is an actual report from the Washington Post:

Some economists and legal scholars have suggested that the “platinum coin option” is one way to defuse a crisis if Congress can’t or won’t lift the debt ceiling soon. At least in theory. The U.S. government is, after all, facing a real problem. The Treasury Department will hit its $16.4 trillion borrowing limit by next February at the latest. Unless Congress reaches an agreement to raise that borrowing limit, the government will no longer be able...

Related Tags: Debt Limit Inflation