oh, yeah, that's fair
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I think the best way to make the point is to reverse the reasoning here again. If that were true they would just use bills
The issue here is conflating the treasury with the federal reserve. The treasury in general can't just poof money into existence and dump it in a gov account. The rules for why are slightly different for bills and coins, but the result is that currency goes into circulation
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As opposed to the reserve who can just poof money into existence to provide liquidity for banks... This is all getting far too pedantic honestly. Your original point was correct except for coins being special for the fed. *Commemorative* coins are special for the treasury
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because of a loophole that lets them actually poof money into a treasury account
End of conversation
New conversation -
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