Saturday, January 12, 2013

Mead: Trillion Dollar Coin DOA

Via Meadia

the trillion dollar coin is dead. As Ezra Klein reports, the Treasury won’t make one and if it did the Fed wouldn’t accept it...money is serious business and playing silly mind games with the public and the markets that undermine faith in the monetary system is a Very Bad Idea.

Comment:

Anybody who says this with a straight face is deluded or is pulling your leg.


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