The (negative) value is created at minting. They are negative value and then just part of the system in circulation. Many aren’t in circulation either, though. They sit in a jar until they go to the bank and then shoved in a vault at the federal reserve.
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What fallout? Their worth is negative. Other countries and the us have done this when the impact was theoretically higher.
I’ll admit I’m not an economist but this easily passes the smell test without further explanation of the negative.
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The (negative) value is created at minting. They are negative value and then just part of the system in circulation. Many aren’t in circulation either, though. They sit in a jar until they go to the bank and then shoved in a vault at the federal reserve.
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