ELI5 Debt Ceiling - what's the trillion dollar coin?

What this episode covers

Why do we have a debt ceiling? What used to happen before it was invented? Do other countries have one? What happened in 2011 and why did it involve Apple? What was the trillion dollar coin and why are people talking about it again? ... We explain like i'm five! Thank you to the r/explainlikeimfive community and in particular the following users whose questions and comments formed the basis of this discussion: the_walking_deaf, bolshevikmuppet, lobsang_ludd, bossgalaga, the_cleric, buzzyness and chrisfartwick To the ELI5 community that has supported us so far, thanks for all your feedback and comments. Join us on Twitter: https://www.twitter.com/eli5ThePodcast/ or send us an e-mail: [email protected]

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Frequently Asked Questions

How long is this episode of ELI5 Explain Like I'm 5: Bite sized answers to stuff you should know about - in a mini podcast?

This episode is 9 minutes long.

When was this ELI5 Explain Like I'm 5: Bite sized answers to stuff you should know about - in a mini podcast episode published?

This episode was published on September 24, 2021.

What is this episode about?

Why do we have a debt ceiling? What used to happen before it was invented? Do other countries have one? What happened in 2011 and why did it involve Apple? What was the trillion dollar coin and why are people talking about it again? ... We...

Can I download this ELI5 Explain Like I'm 5: Bite sized answers to stuff you should know about - in a mini podcast episode?

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