Baku 16° C
US may mint $1 trillion platinum coin
Finance
- 07 October, 2021
- 06:16
In the United States, $1 trillion worth of platinum coins may be minted and transferred to the Federal Reserve System immediately, Report informs via foreign media.
The issue was raised in the context of discussions in the US Congress on the debt limit.
"I'm opposed to it, and I don't believe we should consider it seriously," Treasury Secretary Janet Yellen told CNBC. "It's really a gimmick, and what's necessary is for Congress to show the world can count on America paying its debts."
Author
Latest News
22:48
Photo
Champions League: Qarabag secure convincing win over Copenhagen
Football21:03
AIIB announces spending directions for Baku Metro loan - EXCLUSIVE
Infrastructure20:56
IFC expert: Fiscal and non‑fiscal tools needed for green buildings in Azerbaijan
Infrastructure20:54
Azerbaijani MP: Defenders Day of Ukraine has a special symbolic meaning
Foreign policy20:53
Ambassador: Ukraine and Azerbaijan are united by centuries-old cooperation and friendship
Foreign policy20:29
Azerbaijan, Kazakhstan, Georgia agree unified tariffs along Middle Corridor
Infrastructure20:16
US imposes sanctions on some Iranian individuals and firms
Other countries20:05
Starting lineups confirmed for Qarabag vs Copenhagen UCL clash
Football19:50
Photo