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In response to
"I don't get the theory behind minting the coin, can someone explain? What impact would it have? -- (link)"
by
ty97
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It's just a way of creating a security to represent the creation of the funds. Basically, the US government can create money and the coin would be
Posted by
TWuG
Apr 16 '20, 11:43
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the physical representation of it.
Instead of printing a trillion $1 bills, they create one $1 trillion coin then "deposit" that coin with the Fed that then can issue funds electronically.
The risk would be inflation, but that risk is pretty low, right now.
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