4min chapter

Odd Lots cover image

This Is How They Could Literally Mint a Trillion Dollar Coin

Odd Lots

CHAPTER

What Is the Process of Getting a Coin to the Federal Reserve?

A decision would have to be made on what the coin design would be. A blank, a platinum blank, one ounce blank, would be taken off the shelf in west point and it would be trucked multiple times. It could be flown by helicopter to the federal reserve bank in new york. The moment that coin is accepted at the federal reserve, it registers as a trillion dollars in what is called seniorage.

00:00

Get the Snipd
podcast app

Unlock the knowledge in podcasts with the podcast player of the future.
App store bannerPlay store banner

AI-powered
podcast player

Listen to all your favourite podcasts with AI-powered features

Discover
highlights

Listen to the best highlights from the podcasts you love and dive into the full episode

Save any
moment

Hear something you like? Tap your headphones to save it with AI-generated key takeaways

Share
& Export

Send highlights to Twitter, WhatsApp or export them to Notion, Readwise & more

AI-powered
podcast player

Listen to all your favourite podcasts with AI-powered features

Discover
highlights

Listen to the best highlights from the podcasts you love and dive into the full episode