#MintTheCoin #MMT #DebtCeiling #uspol
The Left Case for the Trillion Dollar Coin
Gimmick? Maybe. Path out of the debt ceiling mess? Absolutely.
Why not take unilateral action to end this dangerous game? Biden could, today, instruct U.S. Treasury Secretary Janet Yellen to mint that trillion dollar coin and deposit it in the country’s account.
https://inthesetimes.com/article/debt-ceiling-showdown-trillion-dollar-coin-time
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Far too few people are pointing out that the section of the US code this relies on doesn't clearly say it's legal.
Far too few also are comfortable cutting democratic review out of unilateral executive action, the president acting against his Congress.
