It sounds silly, but the idea is gaining traction: Simply mint one coin worth $1 trillion, deposit it at the Fed, and avoid hitting the debt ceiling. But what would that do to the U.S. economy? Here's the real deal.
“Invest with conviction – when all others are fearful.”
– Sun Tzu, The Art of Financial War
I’m sure that most of you are already saying that the correct title of the book ascribed to the sixth century BC Chinese philosopher and military strategist is The Art of War.
And you’d be right – I massaged it a bit to make a point.