​Gold Revaluation Is A More Responsible Money Creation Method – Tyler Durden

Gold Revaluation Is A More Responsible Money Creation Method Authored by Chris Powell via Money Metals, Last week, financial analyst Mike Maharrey of Money Metals revisited the recent dream of inflationists… …to increase the U.S. money supply by means of the U.S. government’s creation of one or two platinum coins with trillion-dollar denominations. The idea would have the U.S. Treasury Department mint the coins and deposit them with the Federal Reserve, whereupon the Fed could create and distribute U.S. dollars matching the trillion-dollar deposits. Since a longstanding obscure statute authorizes the Treasury to mint platinum coins of any denomination, this…  — Continue at ZeroHedge News : Read More