The Treasury Has Already Minted Two Trillion Dollar Coins
Laurence J. Kotlikoff
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Posted 03.24.2013
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Politics
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Trillion Dollar Coin,
Money Supply,
Federal Reserve,
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Obama Debt,
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Treasury Inflation,
Inflation,
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Countries that pay for what they spend by printing money or, these days, creating it electronically, are usually broke. That certainly fits our bill. And we're printing lots and lots of money. Over the past five years, the Treasury has, in effect, done its $1 trillion coin trick twice.
