| Author |
 Replies: 21 / Views: 3,331 |
Page 2 of 2
|
|
|
|
Pillar of the Community
United States
4901 Posts |
If both coin and bill coexist the coin won't be used...that has already been proven.
I chose 2017 because they was not an "it won't work" choice..
|
|
Pillar of the Community
United States
1817 Posts |
Crane Paper Company, anyone?
|
|
Valued Member
United States
75 Posts |
I don't see this happening anytime soon. I know a lot of countries do this but the bottom line is that it's much more inconvenient to carry around heavy coins than dollar bills. Whenever I am in Canada it annoys the heck out of me when you get a bunch of dollar and two dollar coins as change, I don't like carrying around change I just want bills that I can slip into my wallet!
|
|
Pillar of the Community
United States
2764 Posts |
What can we buy with $1 now-a-day anyway?
I wish this would happen ASAP..... let see when will that become the reality.
|
|
Valued Member
United States
75 Posts |
I usually use dollars for tips. Food delivery, valet, etc. It's a lot easier to pull $4 out of my wallet than to have to carry around a bunch of coins. I also absolutely refuse to carry around change. Just personal preference... Also if I pay for something with a large bill I would hate to get back a bunch of coins rather than $1 bills. Think about how many times you have paid with a $20 and the cashier doesn't have 5s so you end up getting like $9 in singles... imagine if that were 9 dollar coins! No thanks! I like coins for collecting but carrying around 9 dollar coins while you are out is a royal PITA.
|
|
Pillar of the Community
United States
2764 Posts |
Part of the bill name is "National Savings".... so obviously they may also have the intention of getting the mass to save more, since most people don't like to carry changes, which mean they'll throw those $1 in their change tray/jar (or those $1 may get lost somewhere).... the accumulations of those $1 over time is one way to force people to save (anyone using BoA's credit card with the "save the change" program/feature?).
I always empty my pocket when I get home and dump all the change into a basket.... a few weeks ago, my daughter tip it open and I sorted all the coins out, I realized I have accumulated over $20 in just quarters alone.... going to use these for my laundry.
|
|
Pillar of the Community
United States
965 Posts |
Quote:
I don't see this happening anytime soon. I know a lot of countries do this but the bottom line is that it's much more inconvenient to carry around heavy coins than dollar bills you obviously don't use a laundromat very often. Just the other day I had to wash & dry 20 loads of laundry. It cost me $90.00... in quarters. That's 360 quarters! So I agree with you... It is very inconvenient to carry so much change around, which is why we need a dollar coin. Laundry would be much easier. Not to mention it would be much easier to put a coin or two into a vending machine instead of some crinkly bills. Quote:
Think about how many times you have paid with a $20 and the cashier doesn't have 5s so you end up getting like $9 in singles... imagine if that were 9 dollar coins! No thanks! I like coins for collecting but carrying around 9 dollar coins while you are out is a royal PITA. I do think that's a good point however, which is why I think the $2 bill should be used more often. Think about it... if the $2 dollar bill was used more often, the demand for dollar coins would be less. If you were owed $1 in change you'd get a dollar coin, if you were owed $2 you'd get a bill, $3 a bill and a coin, $4 two bills. In other words, you'd NEVER get more than one dollar coin in change. |
|
Pillar of the Community
United States
2764 Posts |
I have to totally agree with 1967Canadapenny.
|
|
Pillar of the Community
United States
1088 Posts |
Not sure if it will happen as soon as the years you listed
|
|
Pillar of the Community
Canada
3692 Posts |
You think they'd have the people in mind, SA4H? It's to get the government to save money, not the people. Look at what happened in 1964 with nickels - the government hates people who hoard coins.
|
|
Pillar of the Community
United States
927 Posts |
It sure would be nice if this passed sooner rather than later, but I don't see it happening this year. Or maybe not next year either. The government will drag their feet on this issue unless there is a strong public demand. And that is not likely either. We are in the minority unfortunately.
|
|
Bedrock of the Community
13014 Posts |
2017 is the absolute earliest I could see it happening and I doubt it would be on the top of the burner. Its one of those things that would likely be done in the 2nd term of a popular president to give congress coverage if people dont like it saying they were following the Presidents lead so they could take the blame for it if necessary. No ones going to risk their reelection for it, so if I had to guess I would say 2021 is probably the earliest for it unless a large majority of the country starts demanding it which I dont see happening.
|
|
Bedrock of the Community
United States
17884 Posts |
The public isn't going to rise up and demand it.
On the other hand I think it is in times like this that you might actually have a better chance at passage. Right now the Congress is facing some TREMENDOUS economic problems, and they would much rather turn away and focus on ANYTHING else rather than have to face those real problems.
|
|
Bedrock of the Community
 United States
12866 Posts |
I'd like to see it happen too, but honestly there are bigger fish to fry out there. It should be a 10-minute discussion and an "ok, that makes sense, let's do it", but that's obviously not how Congress works. I optimistically put 2017 down because there was no 2020 (or later) choice.  |
|
Pillar of the Community
United States
1208 Posts |
Never, but you didn't make that a choice.
|
|
Page 2 of 2
|
Replies: 21 / Views: 3,331 |
Page 2 of 2
|
First Page
Posted 06/13/2013 1:01 pm
