The Fed has backed itself into a corner with interest rates, therefor it can't perform as much of its weekly magic of inventing and destroying currency (fake money). In an unholy alliance between the "private" reserve and government, the Fed will transfer some of it's magical powers to the Treasury. The Treasury can mint $1 billion coins weekly, then on every Friday it can announce how many trinkets it is releasing into "circulation" (to the Fed).
A $1-billion-coin scheme would better allow the government and the Fed to "respond to market realities." HA. HA.
|Credit: The New York Times|
I still think the $1 billion coins have a better chance of seeing the light of d̶a̶y̶ the Federal Reserve vault. They would just be more conducive to money manipulation, because of their l̶i̶q̶u̶i̶d̶i̶t̶y̶ divisibility.