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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 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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