fiscal policy


Joseph M. Firestone's picture

Disconnect: High Value Platinum Coin Vs. Austerity!

A little disconnect: what President Obama, through Treasury and the Federal Reserve, really said last Saturday:

"We're running out of money because the Republican House may not allow us to f more »

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Joseph M. Firestone's picture

I Still Choose Using High Value Platinum Coin Seigniorage To End Austerity!

Yesterday, Ezra Klein reported in the Washington Post that:

The Treasury Department will not mint a trillion-dollar platinum coin to get around the debt ceiling. more »

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Joseph M. Firestone's picture

Ezra Klein Chooses Fear Mongering the Big Coin, I Choose Ending Austerity!

(H/t to Lambert Strether for the title!)

Here's a commentary on Ezra Klein's recent diatribe against more »

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Joseph M. Firestone's picture

Wake Up Progressives: the Trillion Dollar Coin Can Be Game-Changing!

Well, not really. But if you view the Trillion Dollar Coin (TDC) meme, as I do, as a short-hand for the more general idea of using Platinum Coin Seigniorage (PCS), then yes, it can change the whole political game for progressives if President Obama dares to use it. more »

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Joseph M. Firestone's picture

Trillion Dollar Coin: Posts on Legality and Constitutionality

Enthusiasm for using Platinum Coin Seigniorage (PCS) to produce a Trillion Dollar Coin, or coins totaling a few more »

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Joseph M. Firestone's picture

Paul Goes Platinum!

Another platinum coin surge in the Second Wave rippled through the mainstream media yesterday and this time hit the Congressional Progressive Caucus. Domenico Mantanaro of MSNBC kicked things off on one of the morning shows by mentioning the Trillion Dollar Coin (TDC) as a possible solution to the debt ceiling problem. more »

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Joseph M. Firestone's picture

Beyond the MSM: the New Wave of Brief Blog Posts on the Platinum Coin

Introduction more »

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Joseph M. Firestone's picture

Platinum Coins, Issuing Debt, Keystroking Deficit Spending, and Inflation

The most frequent objections to proposals that we use Platinum Coin Seigniorage (PCS) to create reserves for debt repayment and deficit spending, frequently come back to inflation. more »

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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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