Headline: Democrats unveil plan to bypass McCarthy on debt ceiling increase
Me: *chanting* MINT IT! MINT IT! MINT IT!
Me, after actually reading the article: BOOOOOOOOO!!!!
Headline: Yellen says US could default as soon as June 1
Me: *chanting* MINT IT! MINT IT! MINT IT!
Headline: Yellen says US could default as soon as June 1
Me: MINT IT! MINT IT! MINT IT!
Although #MintTheCoin is a crazy but viable idea. Here’s another one that might work. The Fed volunteering to to retire some debt to free up money to borrow or something like that. I don’t think it’s frightening at all. Anyway, I’m in favor of anything that’ll end Republican hostage taking forever.
A Frightening Solution to the Debt Ceiling Crunch | American Enterprise Institute - AEI
https://www.aei.org/op-eds/a-frightening-solution-to-the-debt-ceiling-crunch/
#trilliondollarcoin #debtceiling #MintTheCoin
#MintTheDamnCoin #MintTheCoin #TrillionDollarCoin #TrillionDollarPlatinumCoin #DebtCeiling
President Biden should direct the Treasury to mint that trillion dollar platinum coin, deposit it, and pay the bills, he’s constitutionally (14th Amendment) required to do. And end Republican hostage taking forever.
#debtceiling #trilliondollarplatinumcoin #trilliondollarcoin #MintTheCoin #mintthedamncoin
#MintTheDamnCoin #MintTheCoin #TrillionDollarCoin #TrillionDollarPlatinumCoin
President Biden should direct the Treasury to mint that trillion dollar platinum coin, deposit it, and pay the bills, he’s constitutionally (14th Amendment) required to do. And end Republican hostage taking forever.
#trilliondollarplatinumcoin #trilliondollarcoin #MintTheCoin #mintthedamncoin
New Poll on Minting a Trillion-Dollar Coin to Lift US Debt Ceiling
#TrillionDollarPlatinumCoin #TrillionDollarCoin #DebtCeiling #DebtLimit #FiatMoney #USA
#USA #fiatmoney #DebtLimit #debtceiling #trilliondollarcoin #trilliondollarplatinumcoin
Powell is asking about the #TrillionDollarCoin
Representative Timmons (SC 4th District): Would you accept a trillion-dollar coin?
Powell: A trillion dollar coin solution to the debt ceiling crisis would be a 'rabbit out of a hat' and there are no rabbit out of hat solutions.
A trillion-dollar coin
To solve a debt ceiling crisis
An idea reborn
#debtceiling #trilliondollarcoin #crisis #haiku #poetry
https://www.nytimes.com/2023/02/02/business/trillion-dollar-coin-debt-ceiling.html
#debtceiling #crisis #trilliondollarcoin #haiku #poetry
What happens if somebody loses the #TrillionDollarCoin in the couch cushions?
After seeing how incredibly fun things will get if we mint the #TrillionDollarCoin, I think we should mint it even harder
Since the GOP controlled House is hellbent on crashing the global economy by not raising the #DebtCeiling, it’s high time for the #USTreasury to mint the platinum #TrillionDollarCoin.
#trilliondollarcoin #ustreasury #debtceiling
@BenCisco @TonyStark @MariaHill @SkipFleming @stopgopfox @GreenFire
2010 or so, with roots in 1990.
The #TrillionDollarCoin is not actually as crazy as it sounds. And if you think it is, then I'd posit that it's no crazier than Congress telling the Executive that it can't spend the money that the Congressionally-passed budget requires that it spend. #USPolitics
https://en.m.wikipedia.org/wiki/Trillion-dollar_coin
#uspolitics #trilliondollarcoin
While of course I think the Biden administration would be well-advised to begin work now on the #Trilliondollarcoin (#mintthecoin), I also think the so-called "Fourteenth Amendment option" is a reasonable approach for the following straightforward reason:
It is just paying your existing debts.
Does the Supreme Court really want to be getting into granting what is effectively taxpayer standing to somebody, and issuing an injunction, saying Treasury, don't pay your debts?
#mintthecoin #trilliondollarcoin
@TonyStark it’s time for President Biden to mint that Trillion Dollar Platinum Coin.
#TrillionDollarPlatinumCoin #TrillionDollarCoin #DebtCeiling
#debtceiling #trilliondollarcoin #trilliondollarplatinumcoin
Some background on the idea:
The trillion-dollar coin scheme, explained by the guy who invented it
https://www.vox.com/22711346/trillion-dollar-coin-mintthecoin-debt-ceiling-beowulf
#debtceiling #trilliondollarcoin #MintTheCoin