Tag: coupon rate
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Exploring the White House’s Alternative Strategies to Prevent a U.S. Debt Default Without Congressional Approval
The Wall Street Journal provides insights into President Biden’s potential options to avoid a U.S. default without congressional approval, as Democrats and Republicans struggle to agree on raising the debt ceiling. The video outlines three unconventional and risky methods: minting a trillion-dollar platinum coin, issuing premium bonds, and invoking the 14th Amendment. The analysis includes…