In response to:

Reader Questions on the One Trillion Coin Proposal

djgarbis Wrote: Jan 09, 2013 9:37 AM
The whole discussion is absurd! Why bother with Platinum for the coin? Why not create a piece of paper with the words "I am worth $1 Trillion". Discussions of legality are moot. BTW, my suggestion sounds eerily like reality - the only problem; the (fiat) paper bills now being printed do not have a denomination higher than $10,000. (I'm not sure of this - shoulda "Googled" that!)

Several people asked me to comment on the $1 trillion coin proposal endorsed by New York Times columnist and Noble Prize winner Paul Krugman.

I did so yesterday in a satirical post Krugman Supports the $1 Trillion Coin; Why Stop There? I Support the $1 Quadrillion Coin.

In response to the above article, I have received several emails wondering where the money comes from. For example reader Tom writes ...