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Why a $1 trillion platinum coin?

Yet again life imitates The Simpsons.  Supposedly serious minded people have suggested Obama could circumvent congress and negotiating the debt ceiling by commissioning the Treasury Department to mint platinum coins in one trillion dollar denominations and depositing them to the Federal Reserve.  Presto!  Crisis averted. Setting aside questions of legality or wisdom, why a $1 [...]

January 19, 2013 | Posted by | No Comments

Just in time for the 111th Congress …

Zimbabwe to Produce First $100 Trillion Note HARARE, Zimbabwe (CNN) — Zimbabwe's central bank says it will soon introduce a 100 trillion dollar note as the once prosperous country battles…

January 20, 2009 | Posted by | 11 Comments

Zimbabwe: man-made disaster looms

Western officials now believe Zimbabwe may descend into anarchy by the end of the year, according to Stephen Bevan in the Sunday Telegraph, a direct consequence of the Mugabe government….

August 19, 2007 | Posted by | No Comments