$1 trillion platinum coin? The U.S. has this little-known option to pay off debt – Steve Hanke


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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
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