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Investors are betting on Pershing Square continuing to mint money.

“The platinum coin is the equivalent of asking the Fed to mint money to cover the debt,” she said.

“Instead of stopping them from holding rallies, government personnel harass small traders, restaurant and marriage hall owners, and mint money in the name of Covid-19 health regulations,” said Hakeem Shah, a merchant who organized a protest against restrictions earlier this month.

But Mr. Schachter did have a plan to mint money from his own misfortune.

By 2010, Stephenie Meyers’ Twilight had already proven that a multivolume YA franchise with a romantic triangle and lashings of paranormal brooding could be a virtual license to mint money, especially when the inevitable movie deal came along.