October 6, 2021

NOTHING ABOUT THIS SCREAMS DESPERATION AND GIMMICKRY: Trillion-dollar platinum coin could be minted at the last minute. “Voila, we’d have bought ourselves the equivalent of a trillion-dollar increase in the debt limit, without any impact on inflation.”

Sounds legit. And I notice that under President Trump we didn’t have to resort to such bizarre expedients. And I can only imagine the response if Trump had proposed something like this.

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