Las Vegas Sun

July 30, 2015

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Letter to the editor:

Put Krugman’s coins to good use

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Paul Krugmans article, “Coins against crazies,” gave me a great idea. Krugman writes: “The Treasury would mint a platinum coin with a face value of $1 trillion.” He then says we could deposit the coin with the Federal Reserve and the government could write checks against it.

I say cut out the middleman. Mint a couple of these $1 trillion coins. Have President Barack Obama and Secretary of State Hillary Clinton, with all due pomp and circumstance, fly to Beijing and pay off their portion of our debt. They could then make a stop in Tokyo with the second coin.

And Obama says solving our debt problem is complicated.

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