4min chapter

Moody's Talks - Inside Economics cover image

Do we have a Deal?

Moody's Talks - Inside Economics

CHAPTER

Alternative Approaches to the Debt Limit

Moody's chief economist says there are two types of measures that could be used to raise money. Citing the 14th Amendment, using a trillion dollar coin or depositing at the Fed is most likely option he says. Other options include selling gold bars in order to raise some cash and using government pension funds for extra headroom. Benenson: "Debt limit fatigue provides Democrats with more leverage"

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