how the $1 trillion coin minted by the United States and deposited into the treasury doesn’t help resolve the outstanding debt without ramifications.

Question

how the $1 trillion coin minted by the United States and deposited into the treasury doesn’t help resolve the outstanding debt without ramifications.

In: 141

Answer 1

Because it’s a gimmick and everyone knows it’s a gimmick. I cannot arbitrarily declare my house’s value. No one would ever pay $1 trillion for the coin. It is a stupid charade.