Current:Home > ScamsWhat's the deal with the platinum coin? -FinanceMind
What's the deal with the platinum coin?
TradeEdge View
Date:2025-04-07 13:08:54
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! (8)
Related
- Trump suggestion that Egypt, Jordan absorb Palestinians from Gaza draws rejections, confusion
- Taylor Swift misheard lyrics: 10 funniest mix-ups from 'Blank Space' to 'Cruel Summer'
- Brock Purdy recalls story of saving a reporter while shooting a John Deere commercial
- Noah Eagle picked by NBC as play-by-play voice for basketball at the Paris Olympics
- Average rate on 30
- A woman who accused Trevor Bauer of sex assault is now charged with defrauding ex-MLB player
- Governors decry United Auto Workers push to unionize car factories in six Southern states
- What Jax Taylor Said About Divorce Months Before Brittany Cartwright Breakup
- Newly elected West Virginia lawmaker arrested and accused of making terroristic threats
- Officials work to pull out 7 barges trapped by Ohio River dam after 26 break loose
Ranking
- Skins Game to make return to Thanksgiving week with a modern look
- OJ Simpson was chilling with a beer on a couch before Easter, lawyer says. 2 weeks later he was dead
- University of Texas confirms nearly 60 workers were laid off, most in former DEI positions
- These are weirdest things Uber passengers left behind last year
- Friday the 13th luck? 13 past Mega Millions jackpot wins in December. See top 10 lottery prizes
- Jimmy John's selling Deliciously Dope Dime Bag to celebrate 4/20. How much is it?
- After Stefon Diggs trade, Bills under pressure in NFL draft to answer for mounting losses
- We Promise Checking Out Victoria Beckham's Style Evolution Is What You Really, Really Want
Recommendation
Federal hiring is about to get the Trump treatment
Christine Quinn Accuses Ex Christian Dumontet of Not Paying $100,000 in Hospital Bills
Police confirm Missouri officer fired fatal shot that killed man who allegedly shot another man
What Jax Taylor Said About Divorce Months Before Brittany Cartwright Breakup
Brianna LaPaglia Reveals The Meaning Behind Her "Chickenfry" Nickname
Riley Strain's Family Addresses Fraternity Brothers' Reaction to Him Going Missing
Matthew Perry hailed for '17 Again' comedy chops: 'He'd figure out a scene down to the atoms'
Viral claims about Donald Trump's hush money trial, fact checked