The Secretary may mint and issue bullion and proof platinum coins in accordance with such specifications, designs, varieties, quantities, denominations, and ...

... Proof Platinum Coin Seigniorage. December 9, 2012 • by Devin Smith. What Does The Trillion Dollar Coin Do? December 8, 2012 • by Devin Smith. Origin and Early ...

Dec 7, 2012 · ... platinum: (k) The Secretary may mint and issue platinum bullion coins and proof platinum coins in accordance with such specifications ...

Platinum coins with huge face values such as $60 T, can produce seigniorage closing the revenue gap and technically end deficit spending, while still retaining ...

Step 1: The Legal Directive. The Treasury Secretary directs the Mint to issue as many proof platinum coins with high face value (i.e. $1 trillion, or lower ...

Jan 20, 2023 · The profit is called seigniorage, the power of the sovereign to demand a return from the mint. The second stage is that the coin is silly. It is ...

Jan 9, 2013 · --Note that Mike Castle wrote the platinum-coin law with the intention that the U.S. government would earn a small profit from seigniorage.

Sep 30, 2021 · “The Secretary may mint and issue bullion and proof platinum coins in accordance with such specifications, designs, varieties, quantities ...

Aug 11, 2011 · This paper explains in detail why proof platinum coin seigniorage would not be inflationary.

Oct 6, 2021 · It must be platinum because the “The Treasury is authorized to mint platinum bullion and proof coins”, and all the other authorizing clauses for ...