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In Brief: It's a Debt Trap (with Justin Wolfers)

Stay Tuned with Preet

CHAPTER

How Do You Know When There's No More Nickels Down the Back of the Couch?

How do you know when the deadline is then if Janet Yellen is engaging in extraordinary measures so that people know the moment of truth by which they have to come to an agreement? So the question to rephrase it, how do I know when there's no more nickels down the back of the couch? Yes. And will you know in advance so you can come to a deal? Right. That because it's so important that no one screws this up, Treasury tries to be as transparent as it can through this entire process. Hopefully both sides believe them when they say this is the date we absolutely mean it.

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