AOL.com Video - Can Platinum Coins Solve Fiscal Cliff Problem?

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Can Platinum Coins Solve Fiscal Cliff Problem?

Description:Forget political brinksmanship, this whole debt ceiling thing could be solved quite elegantly with two coins. Made of platinum and worth, oh, $1 TRILLION each. An analyst at Guggenheim Partners recently revived the possibility of "coin seignorage," an idea that, ahem, gained currency during 2011's debt ceiling debacle. Chris Krueger mentioned the idea as fourth in a list of ways that the U.S. could solve the debt ceiling problem. (1:34)

Source: Nightcap

Tags: cw33 , debt ceiling , fiscal cliff , nightcap