TIL that the idea of minting a "trillion-dollar coin" as a last resort against U.S. debt default was first articulated in 2011 in blog comments. The commenter, a lawyer, was inspired by the practice of ordering coins to earn credit card rewards and then depositing them to pay off the purchase.
TIL that the idea of minting a "trillion-dollar coin" as a last resort against U.S. debt default was first articulated in 2011 in blog comments. The commenter, a lawyer, was inspired by the practice of ordering coins to earn credit card rewards and then depositing them to pay off the purchase. https://en.wikipedia.org/wiki/Trillion-dollar_coin#Emergence_of_the_concept iAmAddicted2R_ddit September 29, 2021 at 12:22PM
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