Macro Musings with David Beckworth cover image

Nathan Tankus on the Future of MMT and How to Avoid U.S. Debt Default

Macro Musings with David Beckworth

00:00

The 14th Amendment and the Debt Ceiling

The 14th Amendment or just invoking full faith and credit in the Constitution are fine options. Another proposal is to buy back existing government bonds at their lower market value right now. I think that's fine as far as it goes, but I don't think it's going to get you that far.

Transcript
Play full episode

The AI-powered Podcast Player

Save insights by tapping your headphones, chat with episodes, discover the best highlights - and more!
App store bannerPlay store banner
Get the app