Marketmind: One coin to rule them all - NewsBreak

That the practicalities of minting a U.S. trillion-dollar coin are actually being debated says a lot about the zeitgeist of this final day of Q3 2021. Yes, #MintTheCoin is a thing and while the idea of Treasury Secretary Janet Yellen raising $1,000,000,000,000 through a single coin to avoid a default seems like a fantasy, akin to Tolkien's Mordor-minted creation in Lord of the Rings, the possibility of a U.S. default is filtering into certain asset prices.