https://hotair.com/headlines/archives/2013/01/11/hey-lets-mint-that-trillion-dollar-coin/feed/HotAir is the leading conservative blog for breaking news and commentary covering the Biden administration, politics, media, culture, and current elections.en-usTue, 09 Jun 2026 07:03:39 -0400<![CDATA[In case you’re wondering, no, this wouldn’t be an inflationary exercise in printing money. Aside from the fact that printing money isn’t inflationary under current conditions, the Fed could and would offset the Treasury’s cash withdrawals by selling other assets or borrowing more from banks, so that in reality the U.S. government as a whole (which includes the Fed) would continue to engage in normal borrowing. Basically, this would just be an accounting trick, but that’s a good thing. The debt ceiling is a case of accounting nonsense gone malignant; using an accounting trick to negate it is entirely appropriate.]]>Fri, 11 Jan 2013 10:30:52 -0500<![CDATA[Allahpundit]]>https://hotair.com/headlines/2013/01/11/hey-lets-mint-that-trillion-dollar-coin-n280761