Fox News takes the platinum coin too literally

Not even Ron Paul backs the platinum standard

By Alex Halperin
January 11, 2013 3:10AM (UTC)
main article image
Fox News graphic (@dceiver)

Could minting a $1 trillion platinum coin prevent another Washington stand-off over the debt ceiling? A contingent of liberals is joking that it could. Cue Fox News to ruin their fun.

You can read here about why the coin idea is slightly less preposterous than it sounds. But all you need to know to get the ridiculousness of Fox's infographic, pictured above, is that a $1 trillion platinum coin doesn't need to be made from $1 trillion worth of platinum. Someone should have told Roger Ailes' cable network.

Advertisement:

h/t @DCeiver


Alex Halperin

Alex Halperin is news editor at Salon. You can follow him on Twitter @alexhalperin.

MORE FROM Alex HalperinFOLLOW alexhalperinLIKE Alex Halperin


Related Topics ------------------------------------------