Kamstra, Mark J.; Shiller, Robert J. - Cowles Foundation for Research in Economics, Yale University - 2009
We make the case for the U.S. government to issue a new security with a coupon tied to the United States’ current dollar GDP. This security might pay, for example, a coupon of one-trillionth of the GDP, and we propose the name "Trill" be used to refer to this new security. This new debt...