Current:Home > ContactWhat's the deal with the platinum coin? -WealthRise Academy
What's the deal with the platinum coin?
View
Date:2025-04-14 15:48:30
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! (1)
Related
- Bill Belichick's salary at North Carolina: School releases football coach's contract details
- Is yogurt healthy? Why you need to add this breakfast staple to your routine.
- Who Is Olympian Raven Saunders: All About the Masked Shot Put Star
- NYC’s ice cream museum is sued by a man who says he broke his ankle jumping into the sprinkle pool
- Sarah J. Maas books explained: How to read 'ACOTAR,' 'Throne of Glass' in order.
- Serbian athlete dies in Texas CrossFit competition, reports say
- Julianne Moore’s Son Caleb Freundlich Engaged to Kibriyaá Morgan
- NYC’s ice cream museum is sued by a man who says he broke his ankle jumping into the sprinkle pool
- Tarte Shape Tape Concealer Sells Once Every 4 Seconds: Get 50% Off Before It's Gone
- 'Trad wives' controversy continues: TikTok star Nara Smith reacts to 'hateful' criticism
Ranking
- Global Warming Set the Stage for Los Angeles Fires
- It Ends With Us' Justin Baldoni Praises Smart and Creative Costar Blake Lively
- After 'hell and back' journey, Tara Davis-Woodhall takes long jump gold at Paris Olympics
- PHOTO COLLECTION: AP Top Photos of the Day Thursday August 8, 2024
- Juan Soto praise of Mets' future a tough sight for Yankees, but World Series goal remains
- DK Metcalf swings helmet at Seahawks teammate during fight-filled practice
- ‘Alien: Romulus’ actors battled lifelike creatures to bring the film back to its horror roots
- A father lost his son to sextortion swindlers. He helped the FBI find the suspects
Recommendation
South Korea's acting president moves to reassure allies, calm markets after Yoon impeachment
Nevada governor releases revised climate plan after lengthy delay
'A Good Girl's Guide to Murder' is now on Netflix: Get to know the original books
It Ends With Us' Justin Baldoni Praises Smart and Creative Costar Blake Lively
Buckingham Palace staff under investigation for 'bar brawl'
Christina Applegate Shares Surprising Coping Mechanism Amid Multiple Sclerosis Battle
3 Denver officers fired for joking about going to migrant shelters for target practice
Taylor Swift Terror Plot: Police Reveal New Details on Planned Concert Attack