“An increasingly vocal chorus of commentators is saying that the U.S. Treasury should #MintTheCoin – issue a small platinum token, give it a face value of $1 trillion, and deposit it at the Federal Reserve. The gambit, if successful, would prevent the potentially catastrophic debt default that, thanks to Congressional intransigence on both sides of the aisle, is looming fast. When a U.S. Treasury secretary is tasked with averting a fast-looming potential cataclysm, she has to consider all possible options – even those that seem bizarre at first light.”

“Treasury has reportedly considered and rejected the platinum-coin idea – but then again, Treasury Secretary Robert Rubin said in 1995 that using the Exchange Stabilization Fund to bail out Mexico would be impossible. (He ended up doing exactly that just a few weeks later.) The Fed, once given the coin, would credit Treasury’s account with $1 trillion that would not count towards the national debt. The scheme looks legally feasible, although it would surely be challenged in the courts. Politically, however, it looks like a non-starter. Dems are capable of raising the debt ceiling through the reconciliation process, but refuses to do so for political reasons: They want Republicans to grapple with the fiscal reality of the bills they have already passed. Dems control the White House and Treasury, neither of which seem to have any more appetite than their Congressional counterparts to let the country off the hook without Republicans somehow involved” Axios reports.

The answer to the “making sure Republicans are involved” is pretty goddamned simple: Put Mitch McConnell’s face on the coin, with “US Senator Mitchell McConnell (R-KY), Senate Majority Leader, 2015 – 2021, $5 trillion [or whatever added] in debt added.” Dems cannot freaking lose. It’s the ultimate troll to honor the turtle-faced sociopath. Make sure there’s a ceremony unveiling the coin’s design and everything, to laud Moscow Mitch as the first-ever living, actively serving politician to be envisaged on United States legal tender currency.