5min chapter

Odd Lots cover image

This Is How They Could Literally Mint a Trillion Dollar Coin

Odd Lots

CHAPTER

Trallion Dollar Coin

The dead seiling has always been this sort of political trip wire, but we've only really had extreme dead ceiling showdown. If it comes down to the nation defaulting on its debts or mending a trillion dollar coin, i think there are a lot of secretaries of the treasury who would have considered it. I don't know of any secretary who would have wanted to pursue this option unless his or her back was to the wall. The estimate is the defaulting on the debt would eliminate 15 trillion dollars in wealth in this nation. And i wouldn't ti sai treasury would do the same thing. You wouldn't, no, think that tat is a hard choice. At least i

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