Friday, October 8, 2021

Mint the $1 Trillion Coin to Fight Climate Change — Kate Aronoff

“If we’re actually trying to create a paradigm shift, where average people can start to understand how money works,” [Rohan] Grey added, “the coin is big enough and loud enough and shocking enough to cut through the noise and reframe the entire debate.” The starting point for that shift, he says, is to create a widespread recognition that debt and money financing are “functionally equivalent.”...
The New Republic
Mint the $1 Trillion Coin to Fight Climate Change | The New Republic
Kate Aronoff, staff writer at The New Republic