iOS app Android app

Trillion Dollar Coin

Debt Ceiling Means Another Chance to Discuss the Trillion Dollar Coin

Mike Sandler | Posted 10.16.2016 | Business
Mike Sandler

If the debt ceiling causes a default or government shutdown and becomes a campaign issue in the 2016 election, there are some signs that the coin could be taken seriously by the Democratic front-runners for president.

Greece and the U.S. Senate: Economics for the 99 Percent

Mike Sandler | Posted 04.08.2015 | Business
Mike Sandler

The re-shuffle of the last U.S. election that put austerity-minded Republicans in power has ironically resulted in a new anti-austerity economist being hired by Senator Bernie Sanders in the Senate Budget Committee.

Why a Trillion Dollar Coin May Not Be a Crazy Idea After All

Sanjay Sanghoee | Posted 12.07.2013 | Business
Sanjay Sanghoee

Let's not forget that even if the debt ceiling debate does eventually end positively, the 2011 fiasco resulted in a downgrade of the U.S. credit rating, and given how crazy Washington is right now we may be better off protecting our present than betting on our future.

A Fantasy Fed Chair Who Can Save the Planet

Mike Sandler | Posted 10.29.2013 | Business
Mike Sandler

The next Fed Chair will need to be more than another insider bureaucrat. She will need to be an action hero who can kill zombies (i.e. Milton Friedman clones) and save the planet.

Aging, Entitlements and the Trillion-Dollar Coin

Michael Hodin | Posted 04.10.2013 | Fifty
Michael Hodin

Due to the number of baby boomers qualifying for Social Security and Medicare, spending will increase in coming decades as more members of the baby-boom generation become eligible for benefits and the health care cost for each enrollee increases.

The Trillion Dollar Coin vs. Limits to Growth

Mike Sandler | Posted 04.07.2013 | Business
Mike Sandler

Is the trillion dollar coin sustainable? If it helps inspire ideas to solve the planet's economic and ecological problems, it sure can be.

The Billion Dollar Coin Makes Sense

Tim Penny | Posted 03.27.2013 | Detroit
Tim Penny

While it may not add up to a trillion, everyone involved with the federal budget recognizes that an "all options on the table" approach is necessary to solve this problem. Currency modernization and the dollar coin need to be part of the discussion.

What Would a Trillion-dollar Coin Mean?

Stephen Zarlenga | Posted 03.25.2013 | Politics
Stephen Zarlenga

Considering the destruction the banks have wrought, shouldn't our nation revisit the foolish policy of giving banks the license to create our nation's money, then having our government borrowing that money and paying interest on it?

The Treasury Has Already Minted Two Trillion Dollar Coins

Laurence J. Kotlikoff | Posted 03.24.2013 | Politics
Laurence J. Kotlikoff

Countries that pay for what they spend by printing money or, these days, creating it electronically, are usually broke. That certainly fits our bill. And we're printing lots and lots of money. Over the past five years, the Treasury has, in effect, done its $1 trillion coin trick twice.

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.

So What's Your Trillion Dollar Coin?

Gene Marks | Posted 03.20.2013 | Small Business
Gene Marks

Your bank won't just raise your debt ceiling like the U.S. Congress. But if you manage things right, you can have facilities available for when times get tight.

The Trillion-dollar Coin's Week of Fame

Mike Sandler | Posted 03.20.2013 | Business
Mike Sandler

As the Vatican learned with Galileo, the truth has a way of resurfacing. Be on the lookout for debt-free, interest-free money, coming soon to a country-needlessly-plunged-into-recession-by-austerity near you.

Sorry, Trillion Dollar Coin Is Still 'A Stupid F*cking Idea'

Posted 01.15.2013 | Comedy

As we've seen in the past, Jon Stewart doesn't suffer blogs criticizing his show lightly, not even when they're written by one of the nation's leading...

Hank The Cat Has Some Thoughts About The Trillion Dollar Coin

Posted 01.14.2013 | DC

WASHINGTON -- Hank the Cat, the feisty Virginia feline who retired from politics in November after losing an unusual bid for a U.S. Senate seat, has b...

WATCH: Paul Krugman Rips Jon Stewart

Posted 01.14.2013 | Business

Paul Krugman would like Jon Stewart to take the whole trillion-dollar coin thing a little bit more seriously. Stewart mocked the idea on his show ...

Krugman: Republicans Are Engaging In 'Hostage Taking'

The Huffington Post | Jillian Berman | Posted 01.13.2013 | Business

Paul Krugman on Sunday accused the Republican leadership of holding the country hostage. The Nobel-Prize winning economist and New York Times colum...

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


The 6 Most Ludicrous Claims About The Trillion-Dollar Coin

The Huffington Post | Caroline Fairchild | Posted 01.11.2013 | Business

Minting a trillion-dollar coin to save the economy may sound like a ludicrous idea, but it's not really all that ridiculous, at least according to som...

Krugman: Mint That Coin!

The New York Times | Paul Krugman | Posted 01.11.2013 | Politics

So, have you heard the one about the trillion-dollar coin? It may sound like a joke. But if we aren’t ready to mint that coin or take some equivalen...

PHOTO: Fox News Gets Some Stuff Wrong Here

Posted 03.12.2013 | Media

HuffPost's own Jason Linkins caught this graphic on Fox News about the potential dangers of a $1 trillion platinum coin that could be used to solve th...

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.

Beyond Debt Ceiling, Trillion Dollar Coin Offers New Economic Paradigm

Mike Sandler | Posted 01.10.2013 | Business
Mike Sandler

The coin presents a rare opportunity to have a public discussion about the nature of money, something very few people understand. If advocates play their cards (and coins) right, it could even result in the creation of a new and more sustainable monetary system.

Morning Diversity News And Notes Round Up

Janell Ross | Posted 03.12.2013 | Latino Voices
Janell Ross

Early this week when the television commentariat went into overdrive with observations about the largely white and male Obama second term cabinet that appears to be taking shape, there was lots of talk about the fact that Hilda Solis, Secretary of Labor and one of the highest ranking Latinas in the federal government, Attorney General Eric Holder, the first African American to lead the Justice Department, and others would likely remain in place. On Wednesday, the prognosticators were proved at least partially wrong. Solis announced plans to step down.

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.