Trillion dollar coin


Joseph M. Firestone's picture

New MSM Trillion Dollar Coin Wave: Here's The Big Story

The one thing that jumps out at you when reading the mainstream posts of the past week-and-a-half bringing Platinum Coin Seigniorage (PCS) into the forefront of attention again, for the first time since last year's debt ceiling crisis, is that every mainstr more »

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Joseph M. Firestone's picture

New MSM Trillion Dollar Coin Wave Misses the Big Story: Bradford and Plumer

In my last three posts, I've critiqued the new wave of mainstream posts and commentary on Platinum Coin Seigniorage (PCS) on my way to making the case that the MSM are missing "the big story" about PCS. more »

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Joseph M. Firestone's picture

New MSM Trillion Dollar Coin Wave Misses the Big Story: Drum and Yglesias

In my last two posts I've been reviewing the new wave of mainstream posts and commentary on Platinum Coin Seigniorage (PCS) by way of providing background for making the case that the MSM are missing “the big story” about PCS. more »

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Joseph M. Firestone's picture

New MSM Trillion Dollar Coin Wave Misses the Big Story: Hayes and Carney

Did the MSM's new wave of commentaries on platinum coin seigniorage (PCS) miss the really big story about it? more »

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Joseph M. Firestone's picture

New MSM TrillionDollarCoin Wave Misses Big Story: Pethokoukis & Wiesenthal

In this post I said I would blog about the likely expected relationship between the different PCS options and inflation using the framework laid out by Scott Fullwiler! But, after reconsidering, I thought I'd hold off until later, and, instead, first provide a discussi more »

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Joseph M. Firestone's picture

The Trillion Dollar Coin Is A Conservative Meme

The Trillion Dollar Coin (TDC) is, first, an oversimplified meme, because there's not one TDC solution, but lots of Platinum Coin Seigniorage (PCS) variations on that idea with differing implications for politics. more »

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Joseph M. Firestone's picture

What Does The Trillion Dollar Coin Do?

The Trillion Dollar Coin proposal for solving the debt ceiling problem is again experiencing a blogosphere explosion this past week. The precipitating factor may be that people are starting to believe th more »

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Joseph M. Firestone's picture

Origin and Early History of Platinum Coin Seigniorage In the Blogosphere

This post records the history of platinum coin seigniorage in the blogosphere through the debt ceiling agreement on August 2, 2011. more »

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Joseph M. Firestone's picture

These Folks are Soooo Clever . . .

Last week, Reps. more »

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Joseph M. Firestone's picture

Alan Grayson's Right; But He Misses the Larger Point

Alan Grayson's e-mail on Moody's warning that it might reduce the US's AAA rating, suggested that Moody's was either threatening a downgrade because it wants to get the Bush tax cuts for the rich extended, or, alternatively, that “Moody's is living in what Aristophanes called "Cloud Cuckoo Land."” He says this because Moody's is upset about the possibility that the US may go over the so-called more »

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