In response to:

To Coin a Solution

cpurvis768 Wrote: Jan 15, 2013 9:45 AM
Why not just mint 17 of them and pay off the national debt??
essie2 Wrote: Jan 15, 2013 12:43 PM
Because we owe money to more than 17 people or entities. How would you suggest we do that? "Here, you 3 share this coin and you 47 share this one and..."?
Brian953 Wrote: Jan 15, 2013 2:38 PM
According to this article, cpurvis768's idea would be implemented by putting all 16 in the federal reserve vault in exchange for spending powre, then that spending powre would be use to do the paying.

But you miss the point. Simnce minting 16 to do that is so clearly absurd, minting one is, for the same resons,

Over the years, The Simpsons have proposed many great ideas. Aqua-cars. Info-tainment. The Duff Bowl. But the TV show that was ahead of its time really jumped the gun with one particular idea.

Enter the $1 trillion coin.

Here’s the back-story: On The Simpsons, Homer’s evil boss Mr. Burns steals a $1 trillion bill that he was supposed to deliver to European governments after World War II. Today, to duck under the coming debt ceiling, some wanted our real-life government to do something similar.

The Treasury Department may have the legal power to strike coins in...