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>> TRILLION DOLLAR COIN Latest News

JAN 17, 2013 - Inc Magazine

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Like Obama, You Need to Be Prepared for a Cash Crunch

At some point in your business life, you'll need cash. Unlike the U.S. government (at least for now), you can't just borrow more. Or issue a trillion dollar coin.By now you've read about the trillion dollar coin, right? The idea was debated heavily by economists and pundits just last week.It works like this: The President needs more money to keep his government in business. Because the government is running massive deficits, he has to borrow money. The amount of money he's allowed to borrow is limited by something called the debt ceiling. We'll reach this ceiling shortly...within the ... Read More

Tags: Like Obama, You Need to Be Prepared for a Cash Crunch,  Trillion Dollar Coin Latest News