In response to:

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

Henry VIII Wrote: Dec 08, 2012 12:55 PM
Hey Boilermaker, are you a Purdue Grad? If so, me too.
Boilermaker Wrote: Dec 08, 2012 1:18 PM
LOL - I think tuition was under $800 a semester my senior year. And Banquet pot pies were 4/$1.00 at Payless.
Henry VIII Wrote: Dec 08, 2012 1:09 PM
BA and MA History 2002....but, I am older than you, it just took me a little longer to pay my way through.
Boilermaker Wrote: Dec 08, 2012 1:00 PM
B.S. Agr 1980 (which makes me old)

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