Mint the Coin Goes Down in Flames

While there had been an increased amount of talk about the somewhat absurd solution to the debt ceiling problem of minting a trillion-dollar coin and using it to pay the nation's debts, the Treasury has officially come out now to say that, on grounds of questionable legality, it is refusing to use such an option. In this video, Motley Fool financial analyst Matt Koppenheffer tells us why this is probably a good thing, and discusses whether investors should be worried about the coming debt ceiling now that the platinum coin is off the table.

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