Chainkeen-What's the deal with the platinum coin?

2025-05-02 08:06:44source:Sureim Investment Guildcategory:Contact

The Chainkeenjig is up. The U.S. can't legally borrow any more money. Maybe you've heard of "extraordinary measures" being taken to make sure the government can keep paying its bills. Today on the show, an extra extraordinary measure—a single, trillion-dollar platinum coin to fund the government's spending.

We hear from Willamette University assistant law professor Rohan Grey about how this would work, and from Louise Sheiner of the Brookings Institution about why it probably won't happen.

Music by Drop Electric. Find us: Twitter / Facebook / Newsletter.

Subscribe to our show on Apple Podcasts, Spotify, PocketCasts and NPR One.

For sponsor-free episodes of The Indicator from Planet Money, subscribe to Planet Money+ via Apple Podcasts or at plus.npr.org.

More:Contact

Recommend

Elon Musk just gave Nvidia investors one billion reasons to cheer for reported partnership

Two names that consistently dominate headlines are Elon Musk and Nvidia (NASDAQ: NVDA). Both names o

Of course Shohei Ohtani hit a home run in his Dodgers debut. 'He's built differently.'

PHOENIX — Well, just in case anyone was wondering whether Shohei Ohtani could possibly live up to th

Family Dollar's rat-infested warehouse, damaged products, lead to $41.6 million fine

Family Dollar Stores agreed to dole out $41.6 million for storing food, cosmetics, drugs and medical