Current:Home > reviewsWhat's the deal with the platinum coin? -LegacyBuild Academy
What's the deal with the platinum coin?
View
Date:2025-04-14 06:13:39
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! (451)
Related
- Rams vs. 49ers highlights: LA wins rainy defensive struggle in key divisional game
- Kevin Harlan, Olivia Harlan Dekker make Super Bowl 58 a family affair with historic broadcast feat
- Microsoft's Super Bowl message: We're an AI company now
- Fan suffers non-life threatening injuries after fall at WM Phoenix Open's 16th hole
- Moving abroad can be expensive: These 5 countries will 'pay' you to move there
- 2024 Lunar New Year: See photos of Asian communities celebrating around the world
- Pink Stops Concert After Pregnant Fan Goes Into Labor During Show—Again
- Food holds special meaning on the Lunar New Year. Readers share their favorite dishes
- Paris Hilton, Nicole Richie return for an 'Encore,' reminisce about 'The Simple Life'
- Elon Musk’s Neuralink moves legal home to Nevada after Delaware judge invalidates his Tesla pay deal
Ranking
- Israel lets Palestinians go back to northern Gaza for first time in over a year as cease
- Coronavirus FAQ: I'm immunocompromised. Will pills, gargles and sprays fend off COVID?
- Usher's Got Fans Fallin' in Love With His Sweet Family
- A 'Love Story' turned 'Red': Fireball releases lipstick inspired by Taylor Swift, Travis Kelce
- Travis Hunter, the 2
- NBA sued by investors over ties to failed crypto exchange Voyager
- Jennifer Garner jokingly calls out Mark Ruffalo, says he 'tried to drop out' of '13 Going on 30'
- New Jersey teen sues classmate for allegedly creating, sharing fake AI nudes
Recommendation
A South Texas lawmaker’s 15
Virginia lawmakers limit public comment and tell folks taking the mic to ‘make it quick’
Biden disputes special counsel findings, insists his memory is fine
Proof The Kardashians Season 5 Is Coming Sooner Than You Think
'Malcolm in the Middle’ to return with new episodes featuring Frankie Muniz
5 Marines killed in helicopter crash are identified: Every service family's worst fear
Kylie Kelce Reveals Whether Her and Jason Kelce's Kids Will Be at Super Bowl 2024
Taylor Swift fan proposes to his girlfriend during 'Love Story' performance in Tokyo