“Trillion-dollar platinum coin could be minted at the last minute”
October 6, 2021
“A trillion-dollar platinum coin could be minted “within hours of the Treasury Secretary’s decision to do so,” Philip Diehl, former director of the United States Mint, tells Axios.
Why it matters: Congressional solutions to the debt-ceiling problem could take weeks to implement, especially if the reconciliation process is used — and time is running out. In case of emergency, a trillion-dollar coin could be deployed to bridge any gap between the money running out and the debt ceiling being raised…”
My question is i wonder how big the “coin” would be. That thing should be the size of a dinner plate. It’s definitely not something anyone would want to lose that’s for sure.