Submitted by CapitalCourse t3_10kiwww in nottheonion
LOSTandCONFUSEDinMAY t1_j5tbxuv wrote
Reply to comment by MattSpokeLoud in Yellen rejects minting $1T platinum coin to avoid US debt ceiling by CapitalCourse
It would be more or less the same as if congress raised the debt ceiling by 50T or got rid of it entirely. Not a whole lot would happen unless congress also authorized the Treasury to spend all that money.
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