Jan 12

I don’t know when I first heard of this, the minting of a single trillion dollar coin to avoid the debt ceiling, but it struck me as absurd then, and I’ve not changed my mind since. No good can come from this idea. There are questions as to whether it’s even legal. To add to the absurdity, why not mint 20 of these and retire all the US’ outstanding debt? We need to get spending under control, simple as that.

written by Joe \\ tags:

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