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.
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