Zimbabwe here we come

Oh, but that's not so. Let our genius author here explain it:

Notably, such an action would not be inflationary “money printing.” The supply of money circulating in the real economy would not change. One branch of the government would simply deposit a coin in the account of another branch of government, thereby erasing $1 trillion from the national debt. Nothing would change except accounting figures that Congress has fetishized.

And of course, doing so most certainly wouldn't "[vandalize] the foundations of American geopolitical power" or "jeopardize the dollar’s status as the world’s reserve currency". Everyone would just carry on like minting a trillion dollar coin doesn't expose the whole thing as a sham.

Zimbabwe here we come

Oh, but that's not so. Let our genius author here explain it:

Notably, such an action would not be inflationary “money printing.” The supply of money circulating in the real economy would not change. One branch of the government would simply deposit a coin in the account of another branch of government, thereby erasing $1 trillion from the national debt. Nothing would change except accounting figures that Congress has fetishized.

And of course, doing so most certainly wouldn't "[valdalize] the foundations of American geopolitical power" or "jeopardize the dollar’s status as the world’s reserve currency". Everyone would just carry on like minting a trillion dollar coin doesn't expose the whole thing as a sham.