A $1 trillion-dollar coin seems like a high denomination to ask the government to print.
Some say its weight could sink the Titanic! (This is benightedly ludicrous).
But one time, the U.S. government actually got 1/10000000th of the way there — by printing a $100,000 bill. And it really helped the economy.
The year was 1933. We were in the midst of a worldwide depression characterized by massive deflation.
President Roosevelt ordered Americans to surrender any gold they held to the government.
The reason: no one was buying anything with cash.
Gold hoarding and bartering were also reducing the amount of funds flowing into the government.