Tags: trillion dollar coin

Are There Legal Means for a President to Overcome an Immovable Debt Ceiling

October 17th, 2013
in Op Ed, syndication

In a companion article it was argued that the debt ceiling law was unconstitutional as a matter of logical principle.  The argument made there was that only three possible actions for the president would follow the government running into a debt ceiling… more »

Krugman, Crazies and Platinum Coins

August 27th, 2013
in Op Ed, syndication

Paul Krugman had another shot at creating some mayhem in the economic and political blogosphere Monday.  In a short column entitled "The Taper Versus the Crazy" the Princeton professor, Nobel Prize winner and widely read blogger discussed the upcoming de… more »

Framing Platinum Coin Seigniorage: Part Six, More Political/Economic Objections

February 13th, 2013
in Op Ed, syndication

This series provides a framing document for Platinum Coin Seigniorage (PCS). In the five previous parts of the series, I pointed out that there are three classes of opponents of High Value Platinum Coin Seigniorage (HVPCS, $30 T and above). The first… more »

A Coin for Reading

February 1st, 2013
in Op Ed, syndication

by J.D. Alt, New Economic Perspectivesp> In a recent essay I suggested that MMT might be applied incrementally to put people to work creating certain very special public goods. I suggested that the social norms which prevent people from “seeing” the… more »

Platinum Prescription to Overcome Austerity Disease

January 19th, 2013
in Op Ed, syndication

Make 'Em Do It! I Still Choose Using High Value Platinum Coin Seigniorage To End Austerity! Yesterday, Ezra Klein reported in the Washington Post that: The Treasury Department will not mint a trillion-dollar platinum coin to get around the d… more »

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