Mint the Coins for Coronavirus Relief
WASHINGTON, April 29, 2020 /PRNewswire/ --Our Money published The Lesson of the Trillion-Dollar Coins in support of the "Mint the Coin" proposal released by the office of Rep. Rashida Tlaib.
- WASHINGTON, April 29, 2020 /PRNewswire/ --Our Money published The Lesson of the Trillion-Dollar Coins in support of the "Mint the Coin" proposal released by the office of Rep. Rashida Tlaib.
- However, it performs an extremely important service in this critical moment: it demonstrates with unique clarity the fact that Congress has the power to fund its spending simply by creating money.
- The platinum coins proposal is essentially this great lesson of the recent opening of the public spigot, storming the public square in a neon jumpsuit, jumping up and down, and waving its arms frantically for attention.
- As the country reels from the torrent of federal spending and money creation, Our Money hopes its commentary on the Mint the Coin proposal can help elucidate any confusion regarding Congress' spending capacity.