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Who among those with two or more firing synapses actually believe that a trillion dollar coin will solve the problem? Unless there is a trillion dollars worth of platinum in the coin, it may as well be minted out of zinc or aluminum.

The Treasury Department can mint a coin, and put whatever denomination they want on it, but no one has to accept it as such, any more than if they turn on the printing press and run off a trillion dollars worth of paper currency, or even utilize software to attach a bunch of zeroes just to the left of the decimal point in peoples’ bank accounts. Unless there is an underlying asset, such as GDP growth, backing the coin or currency, that coin or bill is worthless.

Germany had a trillion Deutsch Mark bill between the world wars. That trillion Deutsch Marks would buy a loaf of bread… that’s it. That’s what happens when a country is ruled or governed by fools who think there is a magical way around stupidity, corruption, and incompetence.