Comment: You're missing the point.

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You're missing the point.

You're missing the point. Under that clause, the US Mint can strike a 1 ounce platinum coin and declare it's value as anything it wants. It doesn't have to be an actual trillion dollars worth of platinum. They just say it's worth $16T and give it to the Fed in exchange for the same amount of dollars. Then, after the transaction is done, end the fed's charter and leave them with the platinum coin. I'm sure the Fed will be plenty upset to realize they are the ones stuck holding the bag instead of the US taxpayers.

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