US debates minting US$1tr coin to help pay off its debt

The looming showdown between President Barack Obama and congressional Republicans over raising the US$16.4 trillion US federal debt limit has made alternatives - including minting a trillion-dollar coin or invoking a constitutional amendment to pay the bills - part of the political debate.

So far, the Obama administration is not participating.

via Business feed http://www.scmp.com/news/world/article/1124008/us-debates-minting-us1tr-coin-help-pay-its-debt