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Tag Archives: options
What if The Debt Ceiling is Not Raised?
If a debt ceiling extension is voted down, or if the President vetos an unacceptably small extension, then what is to be done? I’ve now run into six primary options the President can select among to avoid default. The six are discussed. Continue reading →
Posted in Federal Reserve, Government, US Treasury, Uncategorized
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Tagged 14th amendment, ceiling, coin seigniorage, Fed, Joseph M. Firestone, national debt, options, overdraft, seigniorage, treasury bonds
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