I forget the exact mechanism for it (because it’s insane) but some economists have floated the idea that the US should mint a single platinum coin and declare it to be worth $34T. Once minted, it can be deposited at the US Treasury, and the US debt will be gone.
It makes no sense for life in the real world. But to a certain way of thinking, “it’s a good idea”.
“I forget the exact mechanism for it (because it’s insane) but some economists have floated the idea that the US should mint a single platinum coin and declare it to be worth $34T. Once minted, it can be deposited at the US Treasury, and the US debt will be gone.”
I really doubt any real economists floated this silly idea.