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If we're actually trying to create a paradigm shift,
where average people can
start to understand how money works,

the [Trillion Dollar Coin] is
big enough and loud enough to
cut through the noise and
reframe the entire debate.

- Rohan Grey
The Climate Case to #MintTheCoin, Oct. 8, 2021

History | Law | FAQ | Seminar



Joel Mathis, The pros and cons of the trillion-dollar coin, The Week (May 4, 2023)

Joshua Green, One Neat Trick to Raise the Debt Limit, Bloomberg (April 26, 2023)

Ayelet Sheffey & Juliana Kaplan, The US could be 4 months away from a potentially disastrous debt-ceiling breach, but nobody's negotiating over how to fix it, Business Insider (March 4, 2023)

Josh Marshall, Krugman Thinks White House Will Use Legal Technicalities As Last Ditch Move To Avoid Default, Talking Points Memo (Feb. 16, 2023)

The Mehdi Hasan Show, Two out-of-the-box solutions to the debt ceiling crisis, MSNBC (Feb. 9, 2023)

Eric Reed, How Can A Trillion Dollar Coin Raise the Debt Ceiling?, SmartAsset (Feb. 8, 2023)

Alan Rappeport, The Trillion-Dollar Question: Could a Coin Save the Day?, New York Times (Feb. 2, 2023)

Charles Feldman, Rob Archer & Nathan Tankus, Can a $1 trillion coin solve the U.S. debt-ceiling crisis?, KNX In Depth (Feb. 2, 2023)

Rob Crilly, The Treasury Secretary has dismissed it as a 'gimmick' - but could it be the only way to get the U.S. out of a $31 trillion hole?, Daily Mail (Feb. 2, 2023)

Stephanie Kelton, The tl;dr on Powell, The Lens (Feb. 1, 2023)

Ben Wershckul, Fed chairman on debt ceiling: 'There's only one way forward here', Yahoo! News (Feb. 1, 2023)

Barrons, Could the U.S. Mint a coin worth $1 trillion to try and get around the debt ceiling?, Barrons (Feb. 1, 2023)

Lauren Aratani, Can a trillion-dollar coin end the US debt-ceiling standoff?, The Guardian (Jan. 31, 2023)

Steven Dennis, Elizabeth Stanton & Alex Harris, From ‘the Coin’ to High-Interest Bonds, the US’s Debt-Limit Options Aren’t Great, Bloomberg (Jan. 30, 2023)

Jeff Stein, Mint the coin? Buy back bonds? 7 ‘gimmicks’ for dodging the debt limit, Washington Post (Jan. 29, 2023)

Macro'n'Cheese, The Recurring Saga of the Debt Ceiling with Rohan Grey, Real Progressives (Jan. 28, 2023)

Bloomberg, The Trillion-Dollar Coin Debate, Bloomberg Markets: The Close (Jan. 27, 2023)

Wailin Wong, Darian Woods, Brittany Cronin, & Kate Concannon, What's the deal with the platinum coin?, The Indicator from Planet Money (Jan. 26, 2023)

Karen Dolan, An absurd issue needs an absurd solution: Let's mint a bazillion-dollar coin to end forever the Republicans' farcical political theater over the debt ceiling, MarketWatch (Jan. 24, 2023)

Sylvan Lane, Five ways federal government can try to avoid default, The Hill (Jan. 25, 2023)

Simone Del Rosario, Brent Jabbour, & Emma Stoltzfus, Debt ceiling drama a ‘farce’ since US can’t legally default: economist, Straight Arrow News (Jan. 24, 2023)

Ben Werschkul, Debt limit crisis: Why people won't stop talking about the trillion-dollar coin, Yahoo! Finance (Jan. 24, 2023)

David Dayen, The White House Debt Limit Strategy: Dismiss but Don’t Reject, The American Prospect (Jan. 24, 2023)

Annie Lowrey, The Trillion-Dollar Coin Might Be the Least Bad Option, The Atlantic (Jan. 24, 2023)

Ayelet Sheffey & Juliana Kaplan, Yellen dismisses minting $1 trillion platinum coin to avoid financial crisis, Business Insider (Jan. 23, 2023)

Andrew Duehren, Janet Yellen Dismisses Minting $1 Trillion Coin to Avoid Default, Wall Street Journal (Jan. 22, 2023)

Jeff Stein & Theodoric Meyer, Biden aides want to force GOP to abandon debt limit threats, Washington Post (Jan. 21, 2023)

Denny Carter, The Bowel-Shaking Bad Faith Of The Debt Ceiling Bullshit, Bad Faith Times (Jan. 21, 2023)

Paul Krugman, Don’t Try to Appease Economic Terrorists, New York Times (Jan. 19, 2023)

Ayelet Sheffey & Juliana Kaplan, GOP debt ceiling battle could lead to historic financial crisis in 2023, Business Insider (Jan. 19, 2023)

James Galbraith, The Debt Ceiling Explained. Once More, With Feeling…, The Nation (Jan. 19, 2023)

Ryan Cooper, Biden should stop worrying and learn to love the platinum coin, MNSBC (Jan. 18, 2023)

Nathan Tankus, The Fed will have to accept the $1tn platinum coin, Financial Times (Jan. 18, 2023)

Jason Linkins, Mint the Trillion-Dollar Platinum Coin, Dark Brandon!, The New Republic (Jan. 14, 2023)

Joan McCarter, The debt ceiling is officially a hostage of House maniacs. Biden needs to neutralize the issue, Daily Kos (Jan. 13, 2023)

Chris Thompson, Celebrated Public Intellectual Attempts Math, Falls Down Open Manhole, Defector (Jan. 11, 2023)

Richard McGahey, The Trillion-Dollar Coin And Other Long-Shot Debt Crisis Solutions, Forbes (Jan. 11, 2023)

James K. Galbraith, The Debt Ceiling is a Red Herring, Project Syndicate (Jan.10, 2023)

Dylan Matthews, The impending debt ceiling collision of 2023 — and how Biden can avoid it — explained, Vox (Jan. 10, 2023)

Ayelet Sheffey & Brent Griffiths, Messy debt ceiling fight, minting a coin are on the table now that McCarthy is Speaker, Business Insider (Jan. 9, 2023)

James Downie, Kevin McCarthy’s most dangerous speaker ‘concessions’ were voluntary, MSNBC (Jan. 9, 2023)

Jonathan Chait, Imagine Negotiating a Debt-Ceiling Ransom With These Maniacs - Time to Start Minting the Coin, New York Magazine (Jan. 5, 2023)


Ricardo Pacheco, Manufactured Crisis: Understanding the Debt Limit, Congressional Progressive Caucus Center (Nov. 29, 2022)

U.S. Money Reserve, "The Trillion Dollar Coin" with Former Mint Directors Philip Diehl & Edmund Moy, In Conversation (Nov. 14, 2022)

Matt Ford, The Next Debt Ceiling Crisis Will Be the Democrats' Fault, The New Republic (Oct. 19, 2022)


Felix Salmon, Taking on the Debt Ceiling With a Trillion Dollar Coin, Axios (Nov. 17, 2021)

D. Andrew Austin & Sean Stiff, Clearing the Air on the Debt Limit, Congressional Research Service (Nov. 10, 2021)

Joe Weisenthal & Tracy Alloway, How They Could Literally Mint a Trillion Dollar Coin, Bloomberg’s Odd Lots (Oct. 31, 2021)

Kate Aronoff, The Climate Case to #MintTheCoin, The New Republic (Oct. 8, 2021)

Jesse Walker, The Hidden History of the Trillion Dollar Coin, Reason (Oct. 8, 2021)

Rob Garver, Can a Single Trillion-Dollar Coin Save the US From Default?, VOA (Oct. 7, 2021)

Peter Weber, How the $1 trillion platinum coin would work, and how it could defuse the debt standoff, The Week (Oct. 7, 2021)

Ryan Cooper, Congress is choosing the 2nd stupidest option on the debt ceiling, The Week (Oct. 7, 2021)

The Colbert Report, A First Look At The Trillion Dollar Coin, The Colbert Report (Oct. 7, 2021)

Peter Coy, What a Trillion-Dollar Coin Can Teach Us, New York Times (Oct. 6, 2021)

Calvin Woodward, Token of all tokens: Could a $1T coin fix the debt limit?, Associated Press (Oct. 6, 2021)

Jonathan Ponciano It’s A ‘Gimmick’: Yellen Opposes Minting Trillion-Dollar Coin To Save The United States From Historic Debt Default, Forbes (Oct. 5, 2021)

Felix Salmon, Trillion-dollar platinum coin could be minted at the last minute, Axios (Oct. 5, 2021)

Joe Weisenthal & Tracy Alloway, How the Trillion Dollar Coin Could End Debt Ceilings, Bloomberg’s Odd Lots (Oct. 3, 2021)

Felix Salmon, The coin that could avert a federal debt default, Axios (Oct. 3, 2021)

Zachary Carter, The debt ceiling is an absurd problem. Only an absurd solution can save us, Washington Post (Oct. 1, 2021)

Paul Krugman, Biden Should Ignore the Debt Limit and Mint a $1 Trillion Coin, New York Times (Oct. 1, 2021)

Ayelet Sheffey, 2 Democrats say they want to mint a coin to solve the debt-ceiling showdown and save the US from catastrophic default, Business Insider (Sept. 29, 2021)

William Saas & Rohan Grey, Chekhov's Coin, Money on the Left (Sept. 28, 2021)

Andy Kiersz & Joseph Zeballos-Roig, A $1 trillion platinum coin could be a way around the debt ceiling, Business Insider (Sept. 28, 2021)

Tim Fernholz, Is Joe Biden a trillion-dollar coin kind of president?, Quartz (Sept. 28, 2021)

Nicole Goodkind, How a mythical $1 trillion coin became everyone’s favorite solution to the U.S. debt problem, Fortune (Sept. 24, 2021)

Joseph Zeballos-Roig, The White House says no to minting a $1 trillion coin to sidestep McConnell and ease debt ceiling standoff in Congress, Yahoo (Sept. 20, 2021)

Becca Bressler, More Money Less Problems, Radiolab (Jan. 15, 2021)


R. Grey, N. Tankus, S. Ferguson, W. Saas, & M. Seijo, #MintTheCoin and COVID Relief With the Modern Money Network, Money on the Left (Apr. 16, 2020)

N. Tankus, We Should Authorize the Federal Reserve to Issue Its Own Securities and #MintTheCoin, Notes on the Crises (Apr. 16, 2020)

N. Tankus, All Your Questions About the Trillion Dollar Platinum Coin, Answered, Notes on the Crises (Mar. 23, 2020)


The Week Staff, Debt ceiling: The case for a $1 trillion coin, The Week (Jan. 8, 2015)


Ryan Reilly, The Obama Administration Took The Platinum Coin Option More Seriously Than It Let On, Huffington Post (Dec. 3, 2013)

Brad Delong, The Trillion Dollar Coin--or, More Sensibly, 10000 Hundred Million-Dollar Coins--Is the Only Way for Obama to Fulfill His Oath of Office, Grasping Reality (Sept. 30, 2013)

Josh Barro, How The White House Should Bring Back The Platinum Coin: Secretly, Business Insider (Sept. 27, 2013)

Ellen Brown, The Trillion Dollar Coin: A Debt Solution for the People, Yes! Magazine (Jan. 18, 2013)

Dan Hind, Seriously, what’s so funny about a trillion dollar coin?, Al Jazeera (Jan. 16, 2013)

Stephanie Kelton, Government Has Always Had the Power to Pay Its Bills, U.S. News (Jan. 14, 2013)

C. Mucha, Platinum Coin Would Create a Trillion-Dollar in Funds, New York Times (Jan. 13, 2013)

Dan Kervick, The Coin Abides, New Economic Perspectives (Jan. 13, 2013)

Steve Holland, Treasury, Fed kill idea of $1 trillion platinum coins to avert debt crisis, Reuters (Jan. 12, 2013)

Paul Krugman, Coins Against Crazies, New York Times (Jan. 10, 2013)

Mike Sandler, Beyond Debt Ceiling, Trillion Dollar Coin Offers New Economic Paradigm, Huffington Post (Jan. 10, 2013)

Ryan Tate, Meet the Genius Behind the Trillion-Dollar Coin and the Plot to Breach the Debt Ceiling, Wired (Jan. 10, 2013)

Matthew Yglesias, The Biggest Myth About The Platinum Coin Option, Slate (Jan. 9, 2013)

L. Randall Wray, The Trillion Dollar Coin is a duration trade, Credit Writedowns (Jan. 8, 2013)

Ryan Cooper, Harvard Law School Professor Laurence Tribe on the Legality of #mintthecoin, Washington Monthly (Jan. 8, 2013)

Donald Marron, Is the Trillion-Dollar Platinum Coin Clever or Insane?, Tax Policy Center (Jan. 8, 2013)

Joshua Keating, How close has the world gotten to a $1 trillion coin?, Foreign Policy (Jan. 8, 2013)

Paul Krugman, Be Ready to Mint That Coin, New York Times (Jan. 7, 2013)

Steve Randy Waldmann, Rebranding the “trillion-dollar coin”, Interfluidity (Jan. 5, 2013)

Joe Firestone, Trillion Dollar Coin: Posts on Legality and Constitutionality, New Economic Perspectives (Jan. 5, 2013)

LizardBreath, Kevin Drum Isn't a Lawyer, Unfogged (Jan. 4, 2013)

Ryan Cooper, Ridiculous Times Call for Ridiculous Platinum-Based Measures, Washington Monthly (Jan. 4, 2013)


Joe Firestone, New MSM Trillion Dollar Coin Wave Misses the Big Story: Drum and Yglesias, New Economic Perspectives (Dec. 13, 2012)

Joe Firestone, Origin and Early History of Platinum Coin Seigniorage In the Blogosphere, New Economic Perspectives (Dec. 8, 2012)


Anie Lowrey, The $5 Trillion Coin, Slate (July 29, 2011)

Brad Delong, The President's Obligation to Take Care That the Laws Be Faithfully Executed Requires Him to Start Minting Large-Denomination Platinum Coins, Grasping Reality (July 28, 2011)

Jack Balkin, 3 ways Obama could bypass Congress, CNN (July 28, 2011)

Beowulf (aka Carlos Mucha), Coin Seigniorage and the Irrelevance of the Debt Limit, Shadowproof (Jan. 3, 2011)


R. Grey, Mint the Coin! Interview with Former Mint Director Philip N. Diehl (transcript), Public Money Action (Oct. 8, 2021)

R. Grey, Administering Money: Coinage, Debt Crises, and the Future of Fiscal Policy, Kentucky Law Review (2020-2021)

J. Bibow, Unconventional Monetary Policies and Central Bank Profits: Seigniorage as Fiscal Revenue in the Aftermath of the Global Financial Crisis, Levy Economics Institute (Oct. 2018)

J. Bibow, Unconventional Monetary Policies and Central Bank Profits: Seigniorage as Fiscal Revenue in the Aftermath of the Global Financial Crisis, Levy Economics Institute (Oct. 2018)

R. Hockett & S. Omarova, The Finance Franchise, Cornell Law Review (Aug. 2016)

J. Ryan-Collins, Is Monetary Financing Inflationary?, Levy Economics Institute (Oct. 2015)

D. Fox, The Case of Mixt Monies: Confirming Nominalism in the Common Law of Monetary Obligations, University of Cambridge Faculty of Law Research Paper (Oct. 2010)