Should the government make a $1 trillion coin?

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by CNN

kvue.com

Posted on January 11, 2013 at 8:41 AM

Updated Friday, Jan 11 at 12:24 PM

Could a trillion-dollar coin help solve America's debt-ceiling problems? The far-fetched idea is getting some unlikely supporters.

Nobel-prize winning New York Times columnist Paul Krugman and Democratic Congressman Jerrold Nadler are both behind the coin.

The idea is that the president could put the coin in the Federal Reserve to eliminate the threat of hitting the debt-ceiling.

Analysts say it's not as crazy as it sounds, but don't expect President Obama to approve the plan anytime soon.
 

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