Advocating for a $1 trillion coin is a recognition that, if interest rates are effectively 0%, there is no difference between short-term government debt and gov

Advocating for a $1 trillion coin is a recognition that, if interest rates are effectively 0%, there is no difference between short-term government debt and government-issued currency. Minting a coin is just a hack for the Executive to get around Congress's restriction on issuing debt. I'm not sure what you're trying to get at with your Euro rant, bu Krugman has been calling the Euro a bad idea since at least 1998. http://www.pkarchive.org/global/tag.html http://www.pkarchive.org/global/tag.html