Happy CPI Day!
Happy CPI Day!
Good morning!
We’re minutes away from the December CPI report. I’ll be on Bloomberg TV to talk about inflation, the Fed, and the macro outlook at 12:10 p.m. ET today. As I wrote last week, the December jobs report was full of good news. Let’s hope the CPI report delivers more positive news about the pace at which inflation is receding.
This evening, at 8:00 pm ET, I’ll be on The Mehdi Hassan Show. We’ll be talking about the debt ceiling and the growing concern that some House members won’t rule out the possibility of a voluntary default on US government debt.
And speaking of the debt ceiling, I’ll be doing a live event at Columbia Law School on January 23 to talk about one of the potential solutions to the problem. And, yes, it involves platinum. If you’d like to attend in person—in New York or Oregon—you’ll need to register at least 24 hours in advance. You can do that here. If you can’t attend live, but you’d like to hear the conversation, you can watch the livestream.
OK, here come the numbers!
Just a few days ago during the mishegas with the Speaker elections and threats to force a voluntary default, I started thinking about Mint the Coin again. I'm so glad to see this event coming up and hopefully a lot of publicity around it.
While I'm not optimistic that the coin will actually be minted, it's an opportunity to educate folks about the way our monetary system works.
MINT THE COIN!!
Since it's meant to buttress the economy, perhaps it's better to refer to it as the "Trillion Dollar Quoin."