The Trillion Dollar Legal Memo (2024)

Who’s up for a game of Mad Libs? I’m hoping to recruit a team of players, preferably anyone from the Justice Department’s Office of Legal Counsel. I need help un-redacting a set of documents I just received from the agency, related to its legal work on the trillion-dollar platinum coin. If you’re not already getting FOIA Files in your inbox, sign up here.

Ahhhhh, the trillion-dollar-coin. It’s the bête noir of some economists who see such a thing as, at best, a harebrained thought experiment. It’s an economic elixir for others who view it as a way to circumvent the unhealthy cycle of national debt crises.

The Trillion Dollar Legal Memo (2024)
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