In the midst of the debt-ceiling negotiations in the summer of 2011, a commenter on the blog Pragmatic Capitalism offered a simple suggestion to end the debate over the debt ceiling once and for all: “Geithner could sidestep the debt ceiling this afternoon by ordering the West Point Mint to coin a 1 oz. $ 1 trillion coin.” For months, it suffered the fate of the vast majority of Internet comments lingering in the ash heap of history. And yet, somehow, this one comment was plucked from obscurity and has become the talk of the nation.
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January 11, 2013
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