Robert Brown:What's the deal with the platinum coin?

2025-05-07 07:40:50source:Darkcherries Wealth Societycategory:reviews

The Robert Brownjig 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:reviews

Recommend

DHL reverses course and resumes shipping packages valued over $800 to U.S. consumers

The global shipping company DHL says it has resumed shipping packages valued over $800 in value to i

Morgan Stickney sets record as USA swimmers flood the podium

NANTERRE, France — American para swimmer Morgan Stickney dominated the field in the 400-meter freest

Mistrial declared after jury deadlocks in rape case of former New Hampshire youth center worker

CONCORD, N.H. (AP) — A mistrial was declared Tuesday in the first criminal trial linked to New Hamps