The debt ceiling debate is genuinely absurd: Congress authorized the spending of new dollars, so the Treasury has to create them. For Congress to turn around and force the Treasury not to create the dollars it ordered the Treasury to create is an obvious political gimmick.

Hence the trillion dollar coin…

Now Cory Doctorow is on board with the Trillion Dollar Coin, recognizing the absurdity of our current Congress pretending we don’t have any money, but when, of course, the GOP is in power, suddenly we have unlimited amounts of money!

Source: The true, Terry Pratchett-esque origins of the trillion-dollar coin