January 18th, 2022

A Platinum Coin

Lorraine EllOct 7

The Secretary of the Treasury can mint a platinum coin, then use it to purchase $1 trillion worth of debt from the Fed, thereby retiring that debt, and freeing up space so the debt limit is not breached. It’s basically a swap between two areas of government, the Fed and the Treasury.

Simplify Your Financial Life

Lorraine EllAug 20

Having numerous brokerage accounts, credit cards, retirement and bank accounts will not make you diversified. It only makes managing finances more difficult. So what should you do to simplify and organize?