Summary:
Rep. Rashida Tlaib has proposed sending everyone in the United States ,000 immediately and then ,000 per month to counter the economic fallout of the coronavirus pandemic.The Michigan Democrat's plan would be financed by having the Federal Reserve create new money on behalf of the Treasury. To skirt the federal debt limit, the U.S. Mint would create two trillion coins, and the Treasury would deposit them in its account at the Fed. Tlaib, a member of the small group of left-wing freshman House Democrats known as "The Squad," described the plan as a "truly universal relief proposal."... Washington ExaminerTlaib proposes minting two trillion platinum coins to finance monthly coronavirus debit cards Joseph Lawler
Topics:
Mike Norman considers the following as important: MMT, platinum coin, platinum coin 2020
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Rep. Rashida Tlaib has proposed sending everyone in the United States ,000 immediately and then ,000 per month to counter the economic fallout of the coronavirus pandemic.The Michigan Democrat's plan would be financed by having the Federal Reserve create new money on behalf of the Treasury. To skirt the federal debt limit, the U.S. Mint would create two trillion coins, and the Treasury would deposit them in its account at the Fed. Tlaib, a member of the small group of left-wing freshman House Democrats known as "The Squad," described the plan as a "truly universal relief proposal."... Washington ExaminerTlaib proposes minting two trillion platinum coins to finance monthly coronavirus debit cards Joseph Lawler
Topics:
Mike Norman considers the following as important: MMT, platinum coin, platinum coin 2020
This could be interesting, too:
Mike Norman writes Jared Bernstein, total idiot. You have to see this to believe it.
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Rep. Rashida Tlaib has proposed sending everyone in the United States $2,000 immediately and then $1,000 per month to counter the economic fallout of the coronavirus pandemic.
The Michigan Democrat's plan would be financed by having the Federal Reserve create new money on behalf of the Treasury. To skirt the federal debt limit, the U.S. Mint would create two $1 trillion coins, and the Treasury would deposit them in its account at the Fed.
Tlaib, a member of the small group of left-wing freshman House Democrats known as "The Squad," described the plan as a "truly universal relief proposal."...Washington Examiner
Tlaib proposes minting two $1 trillion platinum coins to finance monthly coronavirus debit cards
Joseph Lawler