Current:Home > MarketsWhat's the deal with the platinum coin? -ForexStream
What's the deal with the platinum coin?
View
Date:2025-04-26 09:07:34
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! (411)
Related
- What do we know about the mysterious drones reported flying over New Jersey?
- Marvel's 'Agatha All Along' is coming: Release date, cast, how to watch
- Wheel of Fortune Contestant's Painful Mistake Costs Her $1 Million in Prize Money
- New Study Suggests Major Climate Reports May Be Underestimating Drought Risks
- Off the Grid: Sally breaks down USA TODAY's daily crossword puzzle, Triathlon
- Federal Reserve is set to cut interest rates for the first time in 4 years
- New York schools staff accused of taking family on trips meant for homeless students
- Dancing With the Stars' Jenn Tran Shares How She's Leaning on Jonathan Johnson After Breakup
- Paula Abdul settles lawsuit with former 'So You Think You Can Dance' co
- US Army conducts training exercise on Alaskan island less than 300 miles from Russia
Ranking
- Former Danish minister for Greenland discusses Trump's push to acquire island
- Dancing With the Stars: Dwight Howard, 'pommel horse guy' among athletes competing
- Alabama Environmental Group, Fishermen Seek to End ‘Federal Mud Dumping’ in Mobile Bay
- Trail camera captures 'truly amazing' two-legged bear in West Virginia: Watch
- Paula Abdul settles lawsuit with former 'So You Think You Can Dance' co
- Halle Berry Reveals Hilarious Mom Mistake She Made With 16-Year-Old Daughter Nahla
- Text of the policy statement the Federal Reserve released Wednesday
- Eric Roberts makes 'public apology' to sister Julia Roberts in new memoir: Report
Recommendation
Kylie Jenner Shows Off Sweet Notes From Nieces Dream Kardashian & Chicago West
Feds: Cockfighting ring in Rhode Island is latest in nation to exploit animals
The Secret Service again faces scrutiny after another gunman targets Trump
What will become of Sean ‘Diddy’ Combs’ musical legacy? Experts weigh in following his indictment
Selena Gomez engaged to Benny Blanco after 1 year together: 'Forever begins now'
Jamie-Lynn Sigler Shares Son Beau, 11, Has No Memory of Suffering Rare Illness
Chris Hemsworth Can Thank His 3 Kids For Making Him to Join Transformers Universe
Texas pipeline fire continues to burn in Houston suburb after Monday's explosion