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These are the most recent diaries filed under this tag:
Jack Foster proposed a framing document for High Value Platinum Coin Seigniorage, in a recent comment he made on one of my posts. In response, I posted a six-part blog series to accommodate readers ...
by Letsgetitdone
Comment Count 1 comments on Tue Feb 05, 2013 at 08:36 AM PST with 4 Recommends
How many times have you heard that the Government can only spend money after it raises revenue by either taxing or borrowing? Nearly every time someone talks or writes about the US's public deficit/
by Letsgetitdone
Comment Count 9 comments on Fri Feb 01, 2013 at 06:30 AM PST with 9 Recommends
A little disconnect: what President Obama, through Treasury and the Federal Reserve, really said last Saturday: "We're running out of money because the Republican House may not allow us to float ...
by Letsgetitdone
Comment Count 27 comments on Tue Jan 15, 2013 at 01:57 PM PST with 15 Recommends
Yesterday, Ezra Klein reported in the Washington Post that: The Treasury Department will not mint a trillion-dollar platinum coin to get around the debt ceiling. If they did, the Federal Reserve ...
by Letsgetitdone
Comment Count 117 comments on Mon Jan 14, 2013 at 08:21 AM PST with 24 Recommends
(H/t to Lambert Strether for the title!) Here's a commentary on Ezra Klein's recent diatribe against Platinum Coin Seigniorage (PCS). But there’s nothing benign about the ...
by Letsgetitdone
Comment Count 38 comments on Fri Jan 11, 2013 at 04:46 PM PST with 20 Recommends
Well, not really. But if you view the Trillion Dollar Coin (TDC) meme, as I do, as a short-hand for the more general idea of using Platinum Coin Seigniorage (PCS), then yes, it can change the whole ...
by Letsgetitdone
Comment Count 40 comments on Thu Jan 10, 2013 at 04:30 PM PST with 29 Recommends
The exception to the general pattern focusing on the Trillion Dollar Coin (TDC) as the solution to the debt ceiling problem I outlined and critiqued in my last post, is in Joe Wiesenthal 's ...
by Letsgetitdone
Comment Count 13 comments on Tue Jan 08, 2013 at 12:15 PM PST with 18 Recommends
Among the many posts on the Trillion Dollar Coin (TDC) and Platinum Coin Seigniorage (PCS) we're seeing this week, is a category of posts favoring using PCS in a limited way to avoid the debt ...
by Letsgetitdone
Comment Count 34 comments on Tue Jan 08, 2013 at 06:30 AM PST with 29 Recommends