...at least as an idea. I remember during the 2007-08 financial crisis the idea of a trillion dollar coin, to make all of our dreams come true, was bounced around. Now, with an unserious administration, this idea might be taken more seriously. Trillion-dollar platinum coin could be minted at the last minute A trillion-dollar platinum coin could be minted "within hours of the Treasury Secretary's decision to do so," Philip Diehl, former director of the United States Mint, tells Axios. Why it matters: Congressional solutions to the debt-ceiling problem could take weeks to implement, especially if the reconciliation process is used — and time is running out. In case of emergency, a trillion-dollar coin could be deployed to bridge any gap between the money running out and the debt ceiling being raised. How it works: The U.S. Mint, which Diehl ran from 1994 to 2000, already produces a one-ounce Platinum Eagle and has no shortage of platinum blanks already in stock.
