Salvation With a Trillion Dollar Coin

AN IDEA HAS BEEN circulating around washington D.C. lately, which in istelf is ample cause for alarm, but this one's even nuttier than normal. The idea is to solve our great american de facto bankruptcy -  national debt problem by minting, now get this, a one trillion dollar coin, made of platinum.

Hell, for that kinda money , sumbich otta be made outta a freakin' black hole...

With a sixteen trillion dollah national debt, wouldn't it make more sense just to go ahead, and mint sixteen of the suckers? Or, for that matter, maybe twenty, or more! Hell let's make us all filthy rich!

Its uncertain whose original idea this was. Nobody is stepping forward and claiming credit for it. Do you blame them?    The coin would not be particularly large; there would be no attempt to put a trillion dollars worth of platinum in it.

It would presumably be minted in Denver, flown to washington aboard air force one, escorted to the treasury department building by a caravan of armed hum vees and black limos, received by tim geithner and perhaps even obama himself on the steps of the treasury amid much fanfare, including a brief performance by the united state marine corps band and a group allegience pledging. 

then, its on to the federal reserve bank, washington branch, for depositing, and inclusion in the financial assets within the banking system of theunited states of america, and hence the american economy. Federal governements payments of all sorts could be made against it, federal debt could be redeemed against it, military spending could be increased, entitlements paid to the poor, and so on, and so forth.

A mmiracle! A miraculous economic recovery for america, predicated on a single yellowish coin!

It has even been suggested by an economist or two that this would cause no inflation, because there would include no flooding the market with paper currency. spokespeople for the obama administration, the federal reserve, and the treasury department are dismissing the notion as unworkable; but they can't really seem to put their fingers on any reason why its so unworkable.

the reason why it would work, crazy as it seems, is that money, all money, is purely imaginary, a whim of the human mind. whatever trick we can play with it that works, works. if i took pieces of notebook paper, and wrote "one thousand dollars" on each one, gave them to people, and received in return all kinds of material wealth in exchange, well then, our imaginary money has done its job.

all i know is, i want my own trillion dollar coin, and i want it now.