Minting a trillion-dollar coin to save the economy may sound like a ludicrous idea, but it's not really all that ridiculous, at least according to some notable economists like Nobel Prize-winner Paul Krugman -- ever heard of him?
Actually, what's more ludicrous than the idea itself are some of these theories getting put forth about the minting of the coin. What are the weirdest? We have you covered:
The Coin's Weight Would Equal 89 Blue Whales
Fox News claimed that the coin would have to weigh 17,773,995 tons, which, as they note, is equal to the weight of 89 blue whales or a ballistic missile submarine. But Fox seems to be misunderstanding <a href="http://www.huffingtonpost.com/2013/01/07/trillion-dollar-coin-solution_n_2426333.html">a key premise</a> of the solution: Minting a trillion-dollar coin doesn't require $1 trillion worth of platinum. (Hat tip: <a href="http://core.talkingpointsmemo.com/tv/videos/fox-trillion-dollar-coin-would-equal-weight-of?ref=fpblg">Talking Points Memo</a>)
‘The Idea Is Kind Of Like Justin Bieber’
In a beyond bizarre explanation of the elusive trillion-dollar coin, CBS News wrote, <a href="http://www.cbsnews.com/8301-250_162-57563428/whats-up-with-the-$1-trillion-coin/">"The idea is kind of like Justin Bieber: It has wildly vocal fans despite its flaws but it also has equally as vocal detractors who think the whole idea is completely absurd."</a> Hey, I know we all have a little Bieber Fever, but this metaphor is a little too far-reaching.
The Trillion-Dollar Coin Needs Its Own Walk-In Closet
Chief of the U.S. Mint Police Bill Daddio said that the<a href="http://nymag.com/daily/intelligencer/2013/01/trillion-dollar-coin-fort-knox-daddio-guard-protect.html"> single coin would require its own compartment </a>"about the size of a big walk-in closet" in one of the most heavily guarded buildings in the country -- Fort Knox.
Dr. Evil, Newt Gingrich, Mitt Romney To Be Face On Coin
TPM suggests there <a href="http://tpmdc.talkingpointsmemo.com/2013/01/9-faces-platinum-coin-1-trillion-debt-ceiling.php">would be no one better than Dr. Evil</a> himself to be the face of the one <em>trilllllllllion</em> dollar coin. The news organization likened Gingrich's "absurdity" to that of the coin and suggested putting him on it as well.
The Coin Could Sink The Titanic
By way of mocking the legitimacy of the coin, The National Republican Congressional Committee said that if the coin were to be issued, <a href="http://www.nytimes.com/2013/01/10/business/a-trillion-dollar-coin-brings-a-jackpot-of-jests.html?_r=0">it would require enough platinum to sink the Titanic</a>.
The Coin Is The 'Most Important Fiscal Policy Debate Of Our Lifetimes'
Is the coin really the "most important fiscal policy debate of our lifetimes?" It is according to Business Insider's <a href="http://www.businessinsider.com/why-the-mint-the-coin-debate-could-be-the-most-important-fiscal-policy-debate-youll-ever-see-in-your-life-2013-1"> Joe Weisenthal </a>and <a href="http://krugman.blogs.nytimes.com/2013/01/08/rage-against-the-coin/">Paul Krugman says he agrees</a>. How can something so "<a href="http://www.huffingtonpost.com/2013/01/07/paul-krugman-trillion-dollar-coin_n_2427160.html">silly</a>" be so important?
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