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Platinum Coin

Ryan J. Reilly

House Republicans Demand DOJ Platinum Coin Option Memo | Ryan J. Reilly | Posted 01.23.2014 | Politics

WASHINGTON -- Republicans on the House Financial Services Committee have asked the Justice Department to turn over a memo that spells out the Obama ad...

Ryan J. Reilly

The Obama Administration Took The Platinum Coin Option More Seriously Than It Let On | Ryan J. Reilly | Posted 12.03.2013 | Politics

WASHINGTON -- The Obama administration was serious enough about manufacturing a high-value platinum coin to avert a congressional fight over the debt ...

Fantasy Fed Speech

Scott Baker | Posted 10.14.2013 | Politics
Scott Baker

Sometimes, between sleep and the time I fully awaken, I have this fantasy about the Federal Reserve Chairman. I imagine that Ben Bernanke will testify before an exasperated, desperate Congress someday and say something like the following, perhaps near the end of his term...

Magic Money

Jerry Jasinowski | Posted 03.23.2013 | Business
Jerry Jasinowski

When it comes to conjuring up magic money out of nowhere, I believe we are setting ourselves up for big trouble down the road, and it matters little whether we do it with quantitative easing or platinum coins.

Platinum Coin Idea Is Rejected by White House

Warren Mosler | Posted 03.16.2013 | Business
Warren Mosler

This is far more problematic than markets realize. The president had a choice. The debt ceiling thing expresses 'the will of Congress' where Congres...

The Hidden Danger in the Platinum Coin Debate

Kyle Hutzler | Posted 03.17.2013 | College
Kyle Hutzler

The continued failure of Congress risks creating newer and more complicated extra-constitutional moments that will test whether America's exceptionalism as a successful presidential democracy can much longer endure unchanged.

The Most Embarrassing Financial Column of 2013

William K. Black | Posted 03.16.2013 | Business
William K. Black

We are only two weeks in to 2013 and there is plenty of time for far more embarrassing financial columns to be written, but The Guardian's financial editor, Heidi Moore, has opened up an early lead in the competition.

LOOK: An Actual $100,000 Bill

The Huffington Post | Harry Bradford | Posted 01.11.2013 | Business

It's not always about the Benjamins, baby. When it comes to cash, many of us believe the $100 bill, graced with Ben Franklin's face, is king. Not s...

Platinum Coin

Jeff Danziger | Posted 03.13.2013 | Politics
Jeff Danziger


How To Avoid The Trillion-Dollar Coin *And* The Debt Ceiling

Mark Gongloff | Posted 03.12.2013 | Business
Mark Gongloff

It's time to talk more about realistic alternatives to minting a trillion-dollar coin to get around the debt ceiling.

Trillion Dollar Coin Advocates React To Jay Carney's Incomplete Denial

Mark Gongloff | Posted 03.11.2013 | Business
Mark Gongloff

Earlier today, White House press secretary Jay Carney was asked a couple of times whether President Obama would print a trillion-dollar coin to get around the debt ceiling, which is the hot thing all the cool kids are talking about these days.

Jennifer Bendery

Platinum Coin: White House Doesn't Completely Rule It Out | Jennifer Bendery | Posted 01.09.2013 | Politics

WASHINGTON -- The White House routinely rules out the idea of President Barack Obama invoking the Constitution to raise the debt ceiling in the event ...

CONTEST: Design The Platinum Coin

Posted 01.09.2013 | Politics

If the Treasury Department decides to avert a global financial crisis by minting a trillion-dollar platinum coin, one difficult decision will have bee...

Jason Linkins

The National Republican Congressional Committee Does Not Understand How Money Works | Jason Linkins | Posted 01.09.2013 | Politics

One of the things that the Trillion Dollar Platinum Coin is helping to achieve -- besides serving as a wonderful counterpoint that illustrates precise...

Emily Swanson

Poll: Americans Skeptical Of Platinum Option | Emily Swanson | Posted 01.08.2013 | Politics

Few Americans have heard about a proposal to mint a $1 trillion platinum coin in order to address the nation's debt problems if an agreement to avert ...

Mark Gongloff

An Idiot's Guide To The Trillion-Dollar Coin Solution | Mark Gongloff | Posted 01.08.2013 | Business

If you've watched business TV or read Paul Krugman lately, you may have stumbled across a strange and maybe frightening debate among policy wonks and ...

Zach Carter

Republican Congressman Seeks To Ban Platinum Coin Fix For Debt Ceiling | Zach Carter | Posted 01.07.2013 | Politics

WASHINGTON -- Rep. Greg Walden (R-Ore.) is introducing legislation that would ban President Barack Obama and the U.S. Treasury from minting platinum c...

Ryan Grim

Reid Would Back Obama Decision To Ignore GOP On Debt Ceiling | Ryan Grim | Posted 01.04.2013 | Politics

WASHINGTON -- Senate Majority Leader Harry Reid (D-Nev.) has privately told other Democrats, including President Obama, that if the administration use...

White House Petition Pushes For Trillion Dollar Coin

The Huffington Post | Bonnie Kavoussi | Posted 01.04.2013 | Business

There's a push to have the president create a special weapon to avert another debt ceiling crisis. That special weapon is a trillion-dollar platinum c...

Jason Linkins

Can We Avert The Coming Debt Ceiling Crisis With A Magic Coin? | Jason Linkins | Posted 08.27.2013 | Politics

Because of the deal made on New Year's Day that averted the immediate impact of the so-called fiscal cliff, America will face a sequel to the debt cei...