game-changing PCS


Joseph M. Firestone's picture

Disconnect: High Value Platinum Coin Vs. Austerity!

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 f more »

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Joseph M. Firestone's picture

I Still Choose Using High Value Platinum Coin Seigniorage To End Austerity!

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. more »

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Joseph M. Firestone's picture

Ezra Klein Chooses Fear Mongering the Big Coin, I Choose Ending Austerity!

(H/t to Lambert Strether for the title!)

Here's a commentary on Ezra Klein's recent diatribe against more »

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Joseph M. Firestone's picture

Wake Up Progressives: the Trillion Dollar Coin Can Be Game-Changing!

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 political game for progressives if President Obama dares to use it. more »

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Joseph M. Firestone's picture

The Small Ball Trillion Dollar Coin Seigniorage Exception

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 posts more »

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Joseph M. Firestone's picture

Wake Up Progressives: Bad Guys Are Trying To Steal the $Trillion Coin

Wake Up Progressives: The Bad Guys Are Trying To Steal the Trillion Dollar Coin to Save the Financial Status Quo!

Among the many posts on the Trillion Dollar Coin (TDC) and more »

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