SCA Community|What's the deal with the platinum coin?

2025-05-01 13:14:43source:Flipido Trading Centercategory:Scams

The SCA Communityjig 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.

More:Scams

Recommend

Don't let hackers fool you with a 'scam

You're pulling your hair out, trying to fix something on your computer. You Google it and find what

FBI agent says 2 officers accepted accountability in fatal beating of Tyre Nichols

MEMPHIS, Tenn. (AP) — An FBI agent who interviewed two former Memphis police officers on trial in th

How to watch the vice presidential debate between Walz and Vance

Minnesota Gov. Tim Walz and Sen. JD Vance of Ohio are meeting Tuesday for their first and only sched