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Trillion Dollar Coin

Nobel economist Paul Krugman says minting a $1 trillion coin to prevent a debt ceiling crisis wouldn't be inflationary

Wed, 05/03/2023 - 13:39

Tech Insider : Economy

paul krugman — Franck Robichon/Reuters

Markets, MI Exclusive, Paul Krugman, Debt ceiling 2023, US debt ceiling, Debt Deal, Trillion Dollar Coin

A $1 trillion platinum coin could save the US from economic catastrophe in less than a month. It would be fast, legal, and no bigger than a regular coin.

Wed, 05/03/2023 - 06:00

Tech Insider : Economy, Politics

U.S. Secretary of the Treasury Janet Yellen (L) and Second Gentleman Douglas Emhoff inspect a series of dies used in the production of the new American Women Quarters Program which includes the Maya Angelou quarter dollar coin, during a tour of the Denver Mint on March 11, 2022 in Denver, Colorado. — U.S.

economy, politics, Policy, Debt Ceiling, US debt ceiling, Debt Limit, US debt limit

Minting a $1 trillion coin may be legal but is an 'unworkable' option to avoid a catastrophic US debt default, Moody's Analytics chief economist says

Tue, 03/07/2023 - 12:29

A person putting a coin in a piggybank — Guido Mieth / Getty Images

Markets, MI Exclusive, US debt limit, debt default, Trillion Dollar Coin, testify congress, Mark Zandi

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