US Treasury Can Print $1,000,000,000,000 Coin To Pay Bills, Avoid Debt Ceiling Crisis: Economist Paul Krugman
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Economist Paul Krugman says the US Treasury could easily print a $1 trillion coin to avert the debt ceiling crisis.
In a new tweetstorm, Krugman says the coin would effectively help the US pay its bills, and the main drawback would be a negative perception of the move from fellow economists and the public at large.
Contrary to conventional widsom, Krugman believes the new…
This story from dailyhodl.com was posted on 2023-05-04 by @wildpursuit.