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 Replies: 31 / Views: 5,274 |
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Moderator
 United States
188561 Posts |
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Sorry about having a duplicate post on same topic. No problem, it happens. Yours will not be the last. I see you have found the other more current thread.  Quote:
Our government is too busy working on bigger fish to be concerned with getting the millions of Pres. Dollars out of storage and into circulation. If by bigger fish you mean absolutely nothing then you are absolutely correct!   Quote:
If they eliminated the $1 bill, then listen to your uncle complain about his pocket being so heavy from "too many" dollar coins! Just like we complain about too many quarters? Did not think so. Get rid of the one dollar note and then the twos or fives become the bills fattening our wallets while dollar coins become the new quarter. |
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Pillar of the Community
United States
1590 Posts |
I'm from the west, spent my summers in Nevada; and I remember getting silver dollars in change. It was a common occurance in Reno through about 71 or so? I keep change in my pocket, and always will. Don't know why other people don't.
I often go the the bank and get 10 dollars in dollar coin. I find them usefull when I'm out and just want a donut or something small and don't want to pull out my wallet. Most clerks actually get excited when they see it.
As they say, this is a common story
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Valued Member
 United States
413 Posts |
@nss-52, Well, my uncle already handles £1 and £2 coins daily and same with €1 and €2 coins.
My relatives always make sure they use coins first before using notes. Most of time they carry £3 or 4 on average.
My brother is bad at this. One time he ended up with £20 in £1 coins. I had to help him spending them.
Some people have a small purse for this purpose.
@ mcshilling, I agree with you on this....it is the only way to get dollar coins in circulation.
@ oriole, I like your explanation! It ia true that most Americans are conservative.
@ TNG, yes, it is another sticky point re: electronic payments, I think we still have gold. You are right that we need more gold but it has been years and years since we did that. If we were to use all gold to pay off the debts, won't that put our currency in a weak position?
@ just carl, you are not a first person to say that. :(
@ jbuck, thanks for your kind words! Yes! By having $2 bills, it will lighten the pockets. I think I keep getting too many quarters nowadays....it would be nice for halves to come back....
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Rest in Peace
United States
10625 Posts |
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If by bigger fish you mean absolutely nothing then you are absolutely correct! I was only thinking it. You typed it... |
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Moderator
United States
188561 Posts |
I knew exactly where you were thinking when I typed it.  |
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CCF Advertiser
United States
1533 Posts |
I paid cash in Kroger the other day and the cashier counted out the bills like they were dirty, gave me back change, and then washed his hands with hand sanitizer. Most businesses rarely touch cash anymore to the point where is is unusual to see it. Stand by a checkout line and watch how many people pay with cash. its a small number. If we got rid of ones, it would not make a difference in the economy whether or not we replaced them with $1 coins.
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Moderator
United States
188561 Posts |
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Bedrock of the Community
United States
94367 Posts |
I don't use change and would prefer not to in the future. I use credit cards for virtually everything to get reward points, and only carry a $50 around for emergencies.
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Bedrock of the Community
13014 Posts |
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Most businesses rarely touch cash anymore to the point where is is unusual to see it. Stand by a checkout line and watch how many people pay with cash. its a small number. If we got rid of ones, it would not make a difference in the economy whether or not we replaced them with $1 coins. Exactly, cash doesn't give back rewards like credit cards and very few places offer a cash discount. |
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Valued Member
United States
413 Posts |
I think credit cards and debit cards are partly responsible for some prices....customers did not realise that businesses pass the costs on us for processing credit/debit card payments. I was not aware of this until I read an article somewhere.
I think if we still use cash, perhaps the prices would be lowered than now? I am still wondering about this...
Look at Japan, they are technologically advanced (supposed to be) yet they abhor using credit/debit cards as a form of payment. Everyone carry cash even worthless 1 yen coins. They seem to be fine with it.
Yet, across the sea, South Korea goes in the opposite way...Government there is determined to take everyone into a cashless society.
I know that in the UK, they still are strong cash-based but with every year, it is slowly decreasing.
Do we really want to be in a cash-less society? I am afraid because how much information one has at tips on everyone's history.
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Pillar of the Community
Canada
5241 Posts |
It has been a over a year now since I gave in and started using credit cards to get my 1% back. Unfortunately , that is the game we have to play. I use cash only at coin shows/ stores where they, in effect, give you a cash discount.
That and a few trivial purchases.
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Moderator
United States
23522 Posts |
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That and a few trivial purchases. Coin shows and bars are my only cash expenditures these days, and only the latter because my regular place doesn't do plastic. I go a month or two at a time without carrying any cash at all. |
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Bedrock of the Community
13014 Posts |
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I go a month or two at a time without carrying any cash at all. Basically the same. I always have a little emergency cash but other than that it's rare for me to have spending cash |
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Pillar of the Community
United States
2205 Posts |
It's because the government is full of short-sighted, uninspired people whose main job is to stay in office.
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Valued Member
United States
413 Posts |
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It's because the government is full of short-sighted, uninspired people whose main job is to stay in office. Well-said, it is regrettably true for all the governments, methinks, not only the USA. :( Yet, it is our taxes that pay their salaries. This is something mysterious for me many years. As if they do not have a sense of duty or obligation to the citizenry. :( |
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Posted 11/14/2017 11:41 am
