multiple people have asked me how this works. i'm not an expert but might as well type it out, please correct me if wronghttps://twitter.com/TheStalwart/status/1241381460558389250 …
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Seems like the treasury can mint coins whenever it wants? https://www.law.cornell.edu/uscode/text/31/5111 …
"As needed to meet the needs of the united states" isn't the same as "whenever it wants". It means at the discretion of congress, to fund itself, or to replace coins taken out of circulation. If you look at section 5112 there's a special provision for commemorative coins
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You can also reverse this logic -- if they could just mint any coins whenever they want they wouldn't have looked at using the trillion dollar commemorative coin loophole to work around the debt ceiling
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well, it's "in amounts the secretary decides are necessary" I read 5112, it doesn't seem like (k) provides additional discretion over the general one given by 5111 (a)?
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