Many Happy Returns cover image

Defaulty Towers: How dangerous is the US Debt Ceiling?

Many Happy Returns

CHAPTER

The Loophole for Platinum Coins

Platinum coins are restricted to amounts of $50, $25, $10, $5, and $1. The law as written, our face value allows the Treasury to mint a trillion-dollar coin. But what would you do if you had the trillion dollar coin? You couldn't spend it.

00:00
Transcript
Play full episode

Remember Everything You Learn from Podcasts

Save insights instantly, chat with episodes, and build lasting knowledge - all powered by AI.
App store bannerPlay store banner