Current:Home > InvestWhat's the deal with the platinum coin? -Blueprint Wealth Network
What's the deal with the platinum coin?
View
Date:2025-04-18 07:44:30
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! (4)
Related
- Israel lets Palestinians go back to northern Gaza for first time in over a year as cease
- Why Facebook and Instagram went down for hours on Monday
- Cara Delevingne Has Her Own Angelina Jolie Leg Moment in Elie Saab on Oscars 2023 Red Carpet
- What Sen. Blumenthal's 'finsta' flub says about Congress' grasp of Big Tech
- 2 killed, 3 injured in shooting at makeshift club in Houston
- Apple Is Delaying Its Plan To Scan U.S. iPhones For Images Of Child Sexual Abuse
- Pregnant Rihanna Brings the Fashion Drama to the Oscars 2023 With Dominatrix Style
- White House brings together 30 nations to combat ransomware
- Intellectuals vs. The Internet
- Senators Want An Investigation Of How Amazon Treats Its Pregnant Workers
Ranking
- Man can't find second winning lottery ticket, sues over $394 million jackpot, lawsuit says
- Nicole Kidman's All-Black Oscars 2023 Look Just May Be Our Undoing
- We’re Stuck on Austin Butler and Kaia Gerber’s Oscars 2023 After-Party Date Night
- Apple Issues Critical Patch To Fix Security Hole Exploited By Spyware Company
- 'Vanderpump Rules' star DJ James Kennedy arrested on domestic violence charges
- Pedro Pascal Brings That Daddy Energy to the 2023 Oscars
- Oscars 2023: Colin Farrell and 13-Year-Old Son Henry Twin on Red Carpet
- The U.K. will save thousands of its iconic red phone kiosks from being shut down
Recommendation
'Survivor' 47 finale, part one recap: 2 players were sent home. Who's left in the game?
U.S. doesn't know how Wall Street Journal reporter detained in Russia is being treated, official says
Apple fires #AppleToo leader as part of leak probe. She says it's retaliation
Emaciated followers found at Kenyan pastor's property; 4 dead
2 killed, 3 injured in shooting at makeshift club in Houston
You'll Be a Sucker for Joe Jonas and Sophie Turner's Matching Goth Looks at Oscars After-Party
Apple will soon sell you parts and tools to fix your own iPhone or Mac at home
Samsung says it will build $17B chip factory in Texas