Janet Yellen

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The Trillion Dollar Coin - A Little Known Fact About U.S. Coinage

26 Jan 2023 3 minute read 2 comments SweptOverNiagara

The U.S. Government is in a boondoggle because it hit its debt ceiling limit last Thursday. The national debt has now surpassed $31.5 Trillion and that clock keeps counting higher and higher. While Congress hasn't yet settled the matter, the U.S. Tre...

For The 79th Time, What's With This 'Debt Ceiling' Thing?

19 Jan 2023 3 minute read 10 comments SweptOverNiagara

Treasury Secretary (and former FED Chair under Trump) Janet Yellen notified Congress this morning via a letter to new House Speaker Kevin McCarthy that the U.S. Government has officially reached its debt limit and to act as soon as possible. It's not...