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Penny Made Of Steel? Nickel Made Of Wood? Fed Buying 61% Of U.S. Debt? Am I Dreaming?

1,563 views · Published 30 March 2012 · 7:24 · Indexed 14 October 2026

Channel: MoneyBags73 · 2012 · News & Politics

Treasury Secretary Tim Geithner outlined how his department will find savings, including $286 million in the next fiscal year, by changing the materials that go into coins, replacing paper with electronic communications and consolidating internal agencies. The U.S. Mint is currently researching alternative materials.

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Penny Made Of Steel? Nickel Made Of Wood? Fed Buying 61% Of U.S. Debt? Am I Dreaming?

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