A campaign is gathering pace on the American left to mint a single platinum coin and assign it a face value of a thousand billion dollars as a neat way of resolving the impending row between Congress and the White House over the US debt ceiling.
A Democratic congressman has endorsed the idea and a Republican one has introduced a bill to block it.
Newsnight's Gavin Esler was joined by Bloomberg's Josh Barro and James Pethokoukis from American Enterprise Institute to debate its merits.
A Democratic congressman has endorsed the idea and a Republican one has introduced a bill to block it.
Newsnight's Gavin Esler was joined by Bloomberg's Josh Barro and James Pethokoukis from American Enterprise Institute to debate its merits.
BBC News - Can a trillion dollar coin solve America's fiscal crisis?
