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Joseph M. Firestone's picture

Why Matt Yglesias and Felix Salmon are Wrong About Coin Seigniorage

By Joe Firestone
July 22, 2011

(Author's Note; Many thanks to lambert strether, beowulf, and Yves Smith for their reviews of this post)

Well, the debt limit crisis is upon us. Treasury Secretary Geithner says the US Government will not be able to meet all its obligations on August 3, unless the debt ceiling is increased by Congress. The Secretary says he is out of moves to extend this date. I don't think that's true. more »

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Joseph M. Firestone's picture

Coin Seigniorage, the Debt Limit, and the President's Duty

By Joe Firestone
July 11, 2011

I've written a lot about jumbo coin seigniorage as a way of getting around the debt ceiling problem over the past 7 months, and others more »

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