Awesome Trillion Dollar Coins Could Solve The Debt Crisis

Minting the most badass coin of all time is one proposed way to solve the debt crisis.

• Yale Constitutional-Law Professor Jack Balkin's Idea...

  

• "Sovereign governments such as the United States can print new money. However, there's a statutory limit to the amount of paper currency that can be in circulation at any one time. Ironically, there's no similar limit on the amount of coinage. A little-known statute gives the secretary of the Treasury the authority to issue platinum coins in any denomination. So some commentators have suggested that the Treasury create two $1 trillion coins, deposit them in its account in the Federal Reserve and write checks on the proceeds."

• I have no idea whether this would save our economy or not but I really want this coin to be made.

• Just think of the Ocean movie that could come from Clooney and Pitt trying to steal this new Holy Grail for thieves.