Consols. Like Chris Cook has been saying.
The Washington Post
How to avert another debt-ceiling crisis
James Leitner, president of Falcon Management based in Wyckoff, N.J., and Ian Shapiro is a professor of political science at Yale
(h/t Stephanie Kelton on FB)
1 comment:
Consols would be seen as another gimmick. The White House had/has plenty of ways to avoid a debt ceiling crisis, from invoking the 14th Amendment to issuing the platinum coin or by simply issuing an executive order to the Treasury to pay the bills. It chose not to do any. Obama wants to reduce the debt.
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