Posts Tagged ‘$1 trillion platinum coin’

  • The US is again hitting its debt ceiling.

    Debt Ceiling: The Trillion Dollar Coin Solution

    Jan 4, 13 • 143 Views • Economic History, Economic Humor, Financial Markets, Government, Macroeconomic Measurement, Money and Monetary Policy, UncategorizedNo Comments

    Through a hypothetical Oval Office meeting, a Yale law professor describes a platinum solution to the debt ceiling problem. The basic idea is that if Treasury can get the money to cover government spending without borrowing then it does not need to exceed