Submitted by letsgetitdone on Fri, 01/25/2013 - 4:26pm
Submitted by letsgetitdone on Fri, 01/25/2013 - 2:18pm
A wonderful discussion thread has been going on at Monetary Realism (MR) after a very good new post by beowulf (Carlos Mucha), who first brought forward the proposal for the Executive Branch to use the authority provided in the 1996 Platinum Coin Seigniorage (PCS) legislation to fill the public purse, on whether the Fed had a legal basis for turning down PCS in the form of the Trillion Dollar Coin (TDC). Read below the fold...
Submitted by letsgetitdone on Mon, 01/21/2013 - 2:18pm