Tag Archive for platinum coin seigniorage

What Now? Joe Firestone – New Economic Perspectives

Today, John Boehner bowed to the inevitable logic of the impending political season and placed a “clean” debt ceiling increase bill on the floor of the House. At this writing, the bill passed with 28 Republican and 193 Democratic votes. Now it moves on to the Senate, where it is expected to pass in time to allow the Treasury to keep issuing debt instruments.

Bernie Sanders: Self-shackled Champion of the People – New Economic Perspectives

I gotta love Bernie Sanders, because he seems so much like people I grew up with and like myself too, and he also seems to have that passion for equality and democracy that is so important for the future of America. Sometimes I think Bernie is one of the few champions of the people left in Congress. But I also think that along with other progressives he has constructed chains for himself that prevent him from being as effective a champion of the people as he otherwise might be.

Can the Federal Reserve Really Refuse To Accept and To Credit A Platinum Coin Deposited By the US Mint? New Economic Perspectives

This is a syndicated repost courtesy of New Economic Perspectives. To view original, click here. Reposted with permission. Can the Federal Reserve Really Refuse To Accept and To Credit A Platinum Coin Deposited By the US Mint? By Joe Firestone The issue of whether the Fed can really refuse to accept and credit a deposit…

Good Luck Stopping Austerity With Incremental Platinum Coin Seigniorage! New Economic Perspectives

This is a syndicated repost courtesy of New Economic Perspectives. To view original, click here. Reposted with permission. Good Luck Stopping Austerity With Incremental Platinum Coin Seigniorage! By Joe Firestone Some have responded to the recent boomlet for using Platinum Coin Seigniorage (PCS) as a solution to the debt ceiling problem, by reacting to the ridicule…

The Great Austerity Swindle! New Economic Perspectives

This is a syndicated repost courtesy of New Economic Perspectives. To view original, click here. Reposted with permission. By Joe Firestone Our Congresspeople, corporate CEOs, tea partiers, most economists, Pete Peterson’s minions, and even our President, tell us that we’re running out of money; and that if we can’t keep running huge deficits, and increasing…