Current:Home > MarketsWhat's the deal with the platinum coin? -FundGuru
What's the deal with the platinum coin?
SignalHub View
Date:2025-04-08 16:56:22
The jig 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.
veryGood! (83)
Related
- This was the average Social Security benefit in 2004, and here's what it is now
- Workers without high school diplomas ease labor shortage — but not without a downside
- Actor Ed Burns wrote a really good novel: What's based on real life and what's fiction
- Eli Manning Shares What Jason Kelce Will Have Over Him As An NFL Commentator
- Google unveils a quantum chip. Could it help unlock the universe's deepest secrets?
- USC winning the Big Ten, Notre Dame in playoff lead Week 1 college football overreactions
- Inside Mae Whitman’s Private World
- Travis Barker's FaceTime Video Voicemails to Daughter Alabama Barker Will Poosh You to Tears
- 'Survivor' 47 finale, part one recap: 2 players were sent home. Who's left in the game?
- Channing Tatum Shares Rare Personal Message About Fiancée Zoë Kravitz
Ranking
- Retirement planning: 3 crucial moves everyone should make before 2025
- Afghan refugee pleads no contest to 2 murders in case that shocked Albuquerque’s Muslim community
- Books similar to 'Harry Potter': Magical stories for both kids and adults
- JD Vance’s Catholicism helped shape his views. So did this little-known group of Catholic thinkers
- What do we know about the mysterious drones reported flying over New Jersey?
- Workers without high school diplomas ease labor shortage — but not without a downside
- New Northwestern AD Jackson aims to help school navigate evolving landscape, heal wounds
- Eli Manning Shares What Jason Kelce Will Have Over Him As An NFL Commentator
Recommendation
Rolling Loud 2024: Lineup, how to stream the world's largest hip hop music festival
Stock market today: Wall Street tumbles on worries about the economy, and Dow drops more than 600
You Have 24 Hours To Get 50% Off a Teeth Whitening Kit That Delivers Professional Results & $8 Ulta Deals
Should I buy stocks with the S&P 500 at an all-time high? History has a clear answer.
Senate begins final push to expand Social Security benefits for millions of people
What to know about Arielle Valdes: Florida runner found dead after 5-day search
Travis Barker's FaceTime Video Voicemails to Daughter Alabama Barker Will Poosh You to Tears
Another New Jersey offshore wind project runs into turbulence as Leading Light seeks pause