But no option would be funnier — in a way that matches the absurdity of the situation Washington finds itself in — than this one: minting a platinum coin worth $1 trillion to pay for the ...

But there is a way out, and it’s been known for years. What we do is mint a $1 trillion platinum coin. Nobody in Congress appears capable of even pretending to act like an adult. So in that ...

the minting of a trillion dollar platinum coin. The scheme, which proponents say is authorized by an obscure law, would involve the U.S. Treasury minting the special coin and depositing it with ...

Minting a $1 trillion platinum coin or using the 14th amendment could solve the crisis while sidestepping Congress. But Democrats Insider spoke to are skeptical of taking either of those routes.

The Indicator from Planet Money explores how a trillion-dollar platinum coin could get the country around the debt ceiling limit. The U.S. can't legally borrow any more money - not unless the debt ...

While the platinum coin admittedly sounds "silly," it also offers Biden a way out of that bind, and averts an economic calamity to boot. "Surely any sane person would choose the option that doesn ...

Jason Fernando is a professional investor and writer who enjoys tackling and communicating complex business and financial problems. Gordon Scott has been an active investor and technical analyst ...