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The New York Sun
Editorials

The Platinum Coin Trick

The call to evade the debt ceiling by minting a $1 trillion coin is a symptom of the age of fiat currency — while paying homage to honest money.

President Johnson at a Cabinet meeting in July 1965, days after signing the Coinage Act of 1965.
President Johnson at a Cabinet meeting in July 1965, days after signing the Coinage Act of 1965. Via Wikimedia Commons