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 Replies: 65 / Views: 6,957 |
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Pillar of the Community
United States
1208 Posts |
No one can stop you from endlessly making posts on the same topic,
but you really should stop using words like "we", making assumptions
that "we", as in everyone, wants what you are trying to shove down
our throats. You like beating a dead horse, fine, but don't let
lurkers or new-comers think that this is a popular issue by using
language that suggests such, in your continual bashing of our coins.
Thank you...
Edited by ratio411
05/20/2015 7:47 pm
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Moderator
 United States
188770 Posts |
Well, it is popular and "we" includes me so I have no problem with him saying we. We need to kill the cent. We need to kill the one dollar note. This has nothing to do with hatred of coins, it has everything to do with ending the needless waste of money. The continued minting of cents and printing of one dollar notes has nothing to do with the will of the people. They are not made because they are popular, they are made because of powerful political lobbies. Your opinion on this does not matter to them. However, it does to me and we can agree to disagree. We agree on so many other things anyway.  |
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Pillar of the Community
United States
4869 Posts |
And just look at all those billions of dollar coins sitting in government vaults. When will those ever see the light of day? Look at all the costs of storage and security for those. Money is being wasted left and right and up and down, backwards and forwards.
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Moderator
United States
188770 Posts |
Quote:
And just look at all those billions of dollar coins sitting in government vaults. When will those ever see the light of day? The same day the Fed branches quit filling bank orders for one dollar notes and tells them to take the dollar coins instead, which will happen the day after they run out of one dollar notes, which will happen a number of days after the BEP stops printing them.  |
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Pillar of the Community
United States
1132 Posts |
Bring back the Half Cent...in all of it's Large Copper glory. Nix the nickel & start cranking out silver Half Dimes while your at it. Is it fiscally responsible? Of coarse not, but neither is anything else politicians are doing these days. If were gonna bury ourselves in debt as a country, at least give US coins with some intrinsic value in the process.  Edited by CopperCastle
05/22/2015 02:08 am
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Moderator
United States
188770 Posts |
While that sounds like fun, we must remember that the solution to bad behaviour is never more bad behaviour.  |
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Valued Member
United States
156 Posts |
I think suppliers to the mint are the ones fighting to keep the dollar bill in existence, since most of those dollar bills have a lifespan of less than one year. I'd love to see the metals lobby get in there and start fighting them to make the dollar coin the standard, since the politicos won't listen to us.
And JBuck is right. The cent needs to go. It's time. They are so ridicuously cheap now that if they're dropped, they become unrecognizable in no time. I am also a metal detectorist. Trust me on this. The cent has become little more than a shell of what it once was. Canada was able to do it and the public figured it out with no problem. I' sure we can do the same.
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Moderator
United States
188770 Posts |
Quote:
I think suppliers to the mint are the ones fighting to keep the dollar bill in existence, since most of those dollar bills have a lifespan of less than one year. I think the one dollar note represents about 60% of the paper (cloth) used each year. I need to find the reference for that percentage, unless someone else has it handy. Quote:
Canada was able to do it and the public figured it out with no problem. I' sure we can do the same. Exactly.  I will beat that dead horse until it is hamburger, or glue, or whatever.  |
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Pillar of the Community
United States
997 Posts |
The only way we can make coinage more useful is be revaluing the dollar. Devalue the dollar by a factor of 10 and we will be back about where we were in the mid 1960's, right after the end of circulating silver quarters and dimes.
Alternately we could leave the dollar valued as it is and create a new currency based on the Eagle. The Eagle, worth $10.00, would become the base denomination and a new series of coins could be instituted to serve it.
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Moderator
United States
188770 Posts |
If we revalue the dollar we have to replace everything, just like Mexico did with the new peso. Easier to just drop the nickel and cent... de facto decimal shift. Fix the pesky odd-valued quarter with a new half dollar.
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Pillar of the Community
United States
1913 Posts |
Quote:
I think suppliers to the mint are the ones fighting to keep the dollar bill in existence, since most of those dollar bills have a lifespan of less than one year. The metal suppliers to the mint have nothing to do with the manufacture of the paper $1 and would benefit if it was eliminated. Therefore, I'm pretty sure they're not fighting to keep the paper $1. |
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Valued Member
United States
317 Posts |
I thought bringing back the Quarter eagle was part of the discussion? Wash and repeat the bridge to nowhere.  |
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Valued Member
United States
156 Posts |
Bret, I was referring to the cloth suppliers to the mint and the metal suppliers ought to be pushing for the elimination of the bill.
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Pillar of the Community
United States
4409 Posts |
Quote:
I think supplier Crane & Co. to the mint BEP is the one fighting to keep the dollar bill in existence, since most of those dollar bills have a lifespan of less than one year. I knew what you were trying to say Afab67. I fixed it  Crane & Co. has been the sole supplier for currency paper to the BEP since 1879. |
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Valued Member
Canada
261 Posts |
Quote:"[Canada] have provided iconic, non partisan designs".... Quote:
You mean like the Queen of England? No, like the Queen of Canada, the one who graces the obverse on Canadian coins. |
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Replies: 65 / Views: 6,957 |
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Posted 05/21/2015 10:29 am
