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<p>[QUOTE=&quot;Conder101, post: 7925489, member: 66&quot;]He just needs a higher denomination note, they did print a 100 Trillion dollar note.&nbsp; A paper not won&#039;t work in the US though, the paper money has no value until it is &quot;purchased&quot; by the Federal Reserve. </p><p>Coins on the other hand have thier seigniorage counted once they are turned over to the Treasurer of the Mint.&nbsp; So the seigniorage of the trillion dollar coin would be available for spending almost immediately.&nbsp; Just strike it, turn it over to the Treasurer, put it in the vault, and transfer the Seigniorage fund to the General Fund of the Treasury.&nbsp; And BOOM they have another trillion to spend with no borrowing.</p><p><br /></p><p>That&#039;s why this idea has been floated at least three times over the years.&nbsp; Congress is a great fan of something for nothing.&nbsp; If they ever do actually go for this you will probably see them do it just about every time the debt ceiling needs to be raised.&nbsp; (What&#039;s the point of having a &quot;ceiling&quot; if your simply going to raise it every time you are about to exceed it?)&nbsp; And then eventually whenever they want to just spend money for votes.[/QUOTE]</p><p><br /></p>

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