Legal Status of the Trillion Dollar Coin

By: Friday January 11, 2013 5:00 pm

There is a lot of loose talk out there about the legal status of the Trillion Dollar Coin idea. Let’s go to the statute books.

 

Money and #MintTheCoin

By: Thursday January 10, 2013 12:23 pm

Mint the Coin has drawn a whole lot of fevered discussion, but Joe Wiesenthal (@theStalwart) has perhaps the best take: the project opens the door to a real discussion of money, its origins and its purposes. The idea of just minting a coin with a huge designated value does sound strange to those of us whose economics came out of Paul Samuelson’s textbook. Here’s a possible explanation* for the discomfort. And if you think it sounds strange, just think how it sounds to the Ron Pauls of the world.

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