{"id":25289,"date":"2023-01-20T00:22:30","date_gmt":"2023-01-20T05:22:30","guid":{"rendered":"https:\/\/ckms.ca\/?p=25289"},"modified":"2023-01-20T00:22:32","modified_gmt":"2023-01-20T05:22:32","slug":"opinion-why-biden-should-learn-to-love-the-platinum-coin","status":"publish","type":"post","link":"https:\/\/blog.ckms.ca\/?p=25289","title":{"rendered":"Opinion | Why Biden should learn to love the platinum coin"},"content":{"rendered":"<blockquote>\n<p>It would be just as illegal to obey the debt ceiling as it would be to ignore it.<\/p>\n<\/blockquote>\n<p>Source: <em><a href=\"https:\/\/www.msnbc.com\/opinion\/msnbc-opinion\/avoid-debt-limit-biden-learn-love-platinum-coin-rcna66316\">Opinion | Why Biden should learn to love the platinum coin<\/a><\/em><\/p>\n\n\n<hr class=\"wp-block-separator\"\/>\n\n\n\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\"><p>&#8220;Mint a trillion or two in platinum coins, deposit them at the Federal Reserve, and hey, presto, problem solved. Economically, it would be virtually identical to borrowing the money, and presumably at some point the ceiling could be raised and the coin spending replaced with normal debt.&#8221;<\/p><\/blockquote>\n\n\n\n<div class=\"wp-block-image\"><figure class=\"aligncenter size-large is-resized\"><a href=\"https:\/\/blog.ckms.ca\/wp-content\/uploads\/2022\/12\/reaction-dog-head-tilt-huh.jpg\"><img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/blog.ckms.ca\/wp-content\/uploads\/2022\/12\/reaction-dog-head-tilt-huh.jpg\" alt=\"\" class=\"wp-image-24090\" width=\"375\" height=\"375\" srcset=\"https:\/\/blog.ckms.ca\/wp-content\/uploads\/2022\/12\/reaction-dog-head-tilt-huh.jpg 612w, https:\/\/blog.ckms.ca\/wp-content\/uploads\/2022\/12\/reaction-dog-head-tilt-huh-300x300.jpg 300w, https:\/\/blog.ckms.ca\/wp-content\/uploads\/2022\/12\/reaction-dog-head-tilt-huh-150x150.jpg 150w, https:\/\/blog.ckms.ca\/wp-content\/uploads\/2022\/12\/reaction-dog-head-tilt-huh-530x530.jpg 530w, https:\/\/blog.ckms.ca\/wp-content\/uploads\/2022\/12\/reaction-dog-head-tilt-huh-500x500.jpg 500w\" sizes=\"auto, (max-width: 375px) 100vw, 375px\" \/><\/a><\/figure><\/div>\n","protected":false},"excerpt":{"rendered":"<p>It would be just as illegal to obey the debt ceiling as&#8230;<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[282],"tags":[855,18,57],"class_list":["post-25289","post","type-post","status-publish","format-standard","hentry","category-article","tag-debt","tag-economics","tag-usa","wpcat-282-id"],"_links":{"self":[{"href":"https:\/\/blog.ckms.ca\/index.php?rest_route=\/wp\/v2\/posts\/25289","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/blog.ckms.ca\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/blog.ckms.ca\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/blog.ckms.ca\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/blog.ckms.ca\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=25289"}],"version-history":[{"count":0,"href":"https:\/\/blog.ckms.ca\/index.php?rest_route=\/wp\/v2\/posts\/25289\/revisions"}],"wp:attachment":[{"href":"https:\/\/blog.ckms.ca\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=25289"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/blog.ckms.ca\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=25289"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/blog.ckms.ca\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=25289"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}