Macro Musings with David Beckworth cover image

Michael Strain on Averting the Looming Debt Ceiling Disaster

Macro Musings with David Beckworth

00:00

Is There a Debt Ceiling?

Sally Kohn: John Cochran's idea of minting a trillion dollar coin would create chaos in financial markets. She says the Supreme Court is unlikely to allow such an act, even if it was approved by Congress. Kohn: The market reaction to that proposal would be quite negative.

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