Current:Home > StocksWhat's the deal with the platinum coin? -NextFrontier Finance
What's the deal with the platinum coin?
View
Date:2025-04-13 02:27:42
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! (77)
Related
- What to watch: O Jolie night
- Lionel Messi speaks in Tokyo: Inter Miami star explains injury, failed Hong Kong match
- U.S. Biathlon orders audit of athlete welfare and safety following AP report on sexual harassment
- Celine Dion is battling stiff person syndrome, a rare neurological disorder. What is it?
- Jamie Foxx gets stitches after a glass is thrown at him during dinner in Beverly Hills
- Food Network Star Duff Goldman Shares He Was Hit by Suspected Drunk Driver
- Texas mother, infant son die in house fire after she saves her two other children
- Where's my refund? How to track your tax refund through the IRS system
- Which apps offer encrypted messaging? How to switch and what to know after feds’ warning
- Why Felicity Huffman Feels Like Her “Old Life Died” After College Admissions Scandal
Ranking
- Senate begins final push to expand Social Security benefits for millions of people
- Taylor Swift drops track list for new album, including two collaborations
- Jennifer Beals was in 'heaven' shooting T-Mobile's 'Flashdance' Super Bowl commercial
- Messi says he “feels much better” and hopeful of playing in Tokyo after PR disaster in Hong Kong
- See you latte: Starbucks plans to cut 30% of its menu
- Texas mother, infant son die in house fire after she saves her two other children
- Carl Weathers was more than 'Rocky.' He was an NFL player − and a science fiction star.
- A new purple tomato is available to gardeners. Its color comes from snapdragon DNA
Recommendation
Meta donates $1 million to Trump’s inauguration fund
Sailor missing more than 2 weeks arrives in Hawaii, Coast Guard says
Brawl between migrants and police in New York’s Times Square touches off backlash
$1 million could be yours, if Burger King makes your dream Whopper idea a reality
Sam Taylor
Kylie Jenner's Extravagant Birthday Party for Kids Stormi and Aire Will Blow You Away
As 'magic mushrooms' got more attention, drug busts of the psychedelic drug went up
Untangling the Rift Dividing Miley Cyrus, Billy Ray Cyrus and Their Family