Lots of people are questioning whether minting a trillion dollar coin could solve the country’s debt ceiling crisis.Specifically, people are intrigued by a law which says that the Treasury has the ability to create coins of any denomination out of platinum, and use that to fund the government.
The debate over the economics and legality of this option is being hotly debated.
But let’s take a step back. How do you literally create a new coin.
We hope you find it instructive.