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Ideas for an Alternative Monetary Future

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Ideas for an Alternative Monetary Future

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trillion dollar coin

A coin in decay.
Banking Regulation, Fiat Money, Money & Politics, News, The Fed & Central Banks

That Darn Coin

George Selgin/March 24, 2020March 24, 2020 /13 Comments

They say that a bad penny always turns up. But when it comes to crises these days, it seems that what keeps turning up is a bad idea—namely, the idea of having the U.S. Mint strike one or more trillion-dollar platinum coins. As I explained last March,…

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Modern Monetary Theory, Trillion Dollar Coin, government deficits, monetary policy, fiscal policy
Money & Politics, News, The Fed & Central Banks

MMT's Big Coin Gambit

George Selgin/March 20, 2019March 22, 2020 /40 Comments

Modern Monetary Theory has been accused, not always fairly, of more serious shortcomings than you can shake a stick at. Among other things, critics have faulted it for not being all that modern, for passing-off tautologies as profundities, for wrongly assuming that the value of fiat money…

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Recent Posts

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About Us

Welcome to Alt-M, a community devoted to exploring and promoting ideas for an alternative monetary future. Our goal is to reveal the shortcomings of today’s centralized, bureaucratic, and discretionary monetary arrangements, and to bring serious consideration of real alternatives to the center stage of current monetary and financial reform debates.

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