4min chapter

What Goes Up cover image

The `Odd Lots' Crossover Episode

What Goes Up

CHAPTER

The Twelfth Dollar Coin

The idea is that when Congress reaches an impasse, the treasury can mint a trillion dollar coin. It's such a Joe topic and I love that about it because it's quirky. But there are so many interesting legal and economic ideas embedded in this coin That I can't help but resist want to see it happen. The worst outcome of a debt ceiling fiasco would be an actual missed credit payment or trade payment.

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