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Is it a clever solution… or a dangerous precedent?What if the United States minted a coin worth a trillion dollars?
It sounds ridiculous. It sounds impossible. But buried in a decades-old law is a loophole that makes the idea far less fictional than you might think.
Lets explore this strange economic proposal known as the trillion-dollar coin, why some economists say it could prevent a national crisis, and why others think it could shake the foundations of the financial system.
By Samuel LeeIs it a clever solution… or a dangerous precedent?What if the United States minted a coin worth a trillion dollars?
It sounds ridiculous. It sounds impossible. But buried in a decades-old law is a loophole that makes the idea far less fictional than you might think.
Lets explore this strange economic proposal known as the trillion-dollar coin, why some economists say it could prevent a national crisis, and why others think it could shake the foundations of the financial system.