Mint Trillion Dollar Coin To Kill The Debt Ceiling Limit Nonsense! Sign The Petition --->

[drm604]

3. You're assuming that this would decrease the value of the dollar.

This article argues that it would not result in inflation.

http://neweconomicperspectives.org/2012/12/platinum-coin-seigniorage-issuing-debt-keystroking-deficit-spending-and-inflation.html

We are not the Weimar Republic and these are not the same circumstances.

That said, I would be nervous about actually doing this.

The author of this article has an interesting idea.

http://www.bloomberg.com/news/2013-01-03/why-we-must-go-off-the-platinum-coin-cliff.html

He says that Obama should use the threat of doing this to force Congress to permanently end the whole "debt ceiling" circus.