FAQ?

What happened to the trillion-dollar coin concept?

After reaching the headlines during the week of January 7, 2013, use of the trillion -dollar coin concept was ultimately rejected by the Federal Reserve and the Treasury.

Is the trillion-dollar coin debate the most important fiscal policy debate ever?

He also declared the trillion-dollar coin debate to be "the most important fiscal policy debate of our lifetimes".

Who is Jason Fernando and what is a trillion dollar coin?

Jason Fernando is a professional investor and writer who enjoys tackling and communicating complex business and financial problems. What Is a Trillion-Dollar Coin?

Could the Fed deposit a trillion-dollar coin to pay off the debt?

The Federal Reserve could then deposit the coin in the Treasury, thereby reducing the national debt and postponing or eliminating the need to raise the U.S. debt ceiling. The idea of a trillion-dollar coin gained widespread media attention in 2011 as Washington struggled with the question of whether and how to raise the U.S. debt ceiling.