This $1 trillion coin is a fun way – to look at an alternative to the 14th Amendment to pay the bills that Congress has already passed.
Should President Obama be willing to print a $1 trillion platinum coin if Republicans try to force America into default? Yes, absolutely. He will, after all, be faced with a choice between two alternatives: one that’s silly but benign, the other that’s equally silly but both vile and disastrous. The decision should be obvious.