rebeleconprof on Nostr: The trillion dollar coin idea to “solve” the debt ceiling would basically just ...

The trillion dollar coin idea to “solve” the debt ceiling would basically just have the Fed operate like FTX — worthless tokens as assets, immune from market valuations. Also, like FTX, this trick would make the central bank insolvent.

https://pricetheory.substack.com/p/accounting-tricks