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Steve Hanke, professor of Applied Business economics at Johns Hopkins University, discusses with David Lin, support for Kitco Information, the opportunity of the united state Treasury minting a platinum coin with a stated value of $1 trillion as well as utilize that to buy existing government financial debt.
Follow David Lin on Twitter: @davidlin_TV ()
Comply With Steve Hanke on Twitter: @steve_hanke ()
Hanke-Cofnas gold view index:
0:00 – $1 trillion platinum coin
12:04 – Financial obligation ceiling
14:20 – Can government default on financial debt
17:26 – Gold view
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$1 trillion platinum coin? The U.S. has this little-known option to pay off debt - Steve Hanke
Steve Hanke, professor of Applied Economics at Johns Hopkins University, discusses with David Lin, anchor for Kitco News, the possibility of the U.S. Treasury minting a platinum coin with a face value of $1 trillion and use that to buy existing federal debt.
Follow David Lin on Twitter: @davidlin_TV (https://twitter.com/davidlin_TV)
Follow Steve Hanke on Twitter: @steve_hanke (https://twitter.com/steve_hanke)
Hanke-Cofnas gold sentiment index: https://www.thegoldsentimentreport.com/
0:00 - $1 trillion platinum coin
12:04 - Debt ceiling
14:20 - Can government default on debt
17:26 - Gold sentiment
__________________________________________________________________
Kitco News is the world’s #1 source of metals market information. Our videos feature interviews with prominent industry figures to bring you market-affecting insights, with the goal of helping people make informed investment decisions.
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