The trillion dollar coin

With the federal government stumbling its way toward a fight over the debt ceiling, one idea floated as a way to avoid all the nastiness and allow Uncle Sam to keep on spending is for the Treasury to mint a $1 trillion platinum coin. While said coin’s face value would be greater than all the platinum mined in the world to date, Paul Krugman says the concept, while silly, would also be benign…and totally constitutional.

Nah. It’s just silly: