JKH: Monetary Realism


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Submitted by lambert on Sun, 01/06/2013 - 12:54am

Incident topic:

Incident class:

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proof platinum coin seigniorage

Incident time:

Friday, December 7, 2012

Incident address:

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United States

Location (map input):

"One option might be for Treasury to buy back Treasury debt now held by the Fed (assuming appropriate available supply from Fed inventory). That would drop utilization under the current debt ceiling by $ 1 trillion, allowing Treasury to “reload” on new Treasury issuance" (original).

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