I propose calling the Trillion Dollar Coin a ‘Gresham.’

    Mostly because calling it a ‘friedman’ is just a bit too obscure to be proper black humor; calling it a ‘keynes’ actually maligns a guy who would be freaking out over what Obama’s done to his economic policy*; and calling it a ‘fiat’ will cause people to confuse it with the car**. Anyway, basic details here (H/T Jim Geraghty): if you’re not familiar with what’s | Read More »