Feb 2, 2023
The issue of US DEBT has been on my mind , and as you can see by the name of this BLOG.
US CONGRESS keeps fighting over the DEBT CEILING every year
The New Republic recently had a good article about the IDEA of The PLATINUM COIN
You can read about it on WIKIPEDIA
It was mentioned first in 2012 when President Obama had to tackle the US DEBT and the Raising of the DEBT Ceiling.
Unfortunately in 2012 when Federal Reserve Mr Bernanke was asked about it , he shot it down. So I assume that was why President OBAMA shot the idea down too.
Now , in 2023 11 yrs later the ISSUE of the DEBT CEILING is not resolved.
Throughout History , how many times has the WORLD forgiven the DEBT of SOME Countries ?
I will have to Google that
to be continued
M B
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