An Interest In:
Web News this Week
- May 1, 2024
- April 30, 2024
- April 29, 2024
- April 28, 2024
- April 27, 2024
- April 26, 2024
- April 25, 2024
May 23, 2023 05:57 pm
Original Link: https://www.theverge.com/2023/5/23/23734654/government-debt-default-trillion-dollar-platinum-coin
Shut up and mint the coin
It’s time to mint the coin, sickos!
If you have not been paying attention to the most tragically online sectors of the financial internet, here’s a summary: the government is about to grind to a halt — yes, again — to argue over the national debt. But there is a way out, and it’s been known for years. What we do is mint a $1 trillion platinum coin.
Since 2003, there’s been an increasing level of dumbfuck nonsense from our elected officials around the debt ceiling. The “debt ceiling” is a limit on government spending that was instituted in 1917. When there’s a Democrat in the White House — and sometimes, even when there...
Original Link: https://www.theverge.com/2023/5/23/23734654/government-debt-default-trillion-dollar-platinum-coin
Share this article:
Tweet
View Full Article
The Verge
The Verge is an ambitious multimedia effort founded in 2011More About this Source Visit The Verge