The Trillion-Dollar Coin Debate


It started as an economists' joke: mint a trillion-dollar platinum coin as a work-around to the U.S. debt ceiling. But now that the idea has support from Paul Krugman, it's being seriously debated. Brent speaks with Cullen Roche of the Pragmatic Capitalism blog, who helped popularize the idea. He's then joined by Congressman Greg Walden who says he intends to close the legal loophole that allows for a trillion-dollar coin to be minted in the first place.


Comments are closed.