Read More: Trillion Dollar Coin, Money Supply, Federal Reserve, Deficit, Money, Monetary Base, Obama Debt, Obama Monetary Policy, Krugman Trillion Dollar Coin, Treasury Inflation, Inflation, Hyperinflation, Politics News
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.