Aram Zucker-Scharff

In Planet Money’s latest episode they explore the fascinating story of how a bottle of Coke stayed priced at a nickle for decades, the longest known sticky price in recorded history. 
Hint: it involves a really unwise contract.

In late 2000 the Clinton administration was preparing for their final economic report. At the time, we were in surplus and economists were projecting that *the entirety of the US Debt would be paid off by 2012.*

In reality, US Debt is by far the highest it has ever been. But back then a federal [...]