[arthurus]

By law the government can make monetarily valued coins of anymetal. By law the assigned value cannot exceed the market value of the metal in the coin. Except for platinum. That metal can be used to make a coin of any size to which the government can assign any value it fancies. thus the suggestion for the $trillion coin to add a trillion new delusional dollars to the government's delusional asset base and thus to enable the government to spend a trillion more dollars without borrowing the money. That would kind of be the extreme of fiat money.

I think the government should do it. The first time would cause a lot of comment and predictions of doom. The second time would precipitate the collapse and if the first time were perceived somehow a success there will be a second time.

The longer we put off the collapse the farther it is to the bottom and the less likely that we will be able to climb out of that abyss.

[NaturalBornConservative]

[By law the assigned value cannot exceed the market value of the metal in the coin.]

Yeah, what law is that? Are you aware that the face value of a quarter may be 25¢ US, but it only costs 11.14¢ US to make one? ~ Also from How Much Does it Cost to Make a Penny?