I keep hearing people say deficits don't matter and if the debt gets too big, we can have the mint product a trillion dollar coin to pay for it all. News Flash: A TRILLION DOLLARS AIN'T DOING SHIT. Things are so bad at this point, that we would need at least 32 of those magical coins. If you actually want to have Social Security, Medicare/Medicaid and all the other bullshit politicians have been using to buy votes, we need over 200 of them.
When the trillion dollar coin was conceived, it was considered to be such a ridiculously large amount of money that it could solve any fiscal problem we could possible have. At the rate things are going, a quadrillion won't be enough soon. Then the only trillion dollar coin anyone will accept will be Bitcoin.