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 Replies: 53 / Views: 4,089 |
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Pillar of the Community
United States
6326 Posts |
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She said that it never would have worked had they kept the paper equivalent Yeah......so it's even "proven" to be true !.......I wish the U.S. would hurry up and do it already !!........the "change" is waaaaaaayyyyyyy to gradual !!...  |
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Valued Member
United States
417 Posts |
Yesterday, I convinced a Canadian to take a dollar coin back to Canada instead of a bill back home. I told him, "You don't want a dollar coin?" He said, "You still have them? I thought the Americans hated them." I said, "We do, but we still have them. Which one did you want?" He couldn't make up his mind between James Monroe, Susan B. Anthony, and John Adams so I gave him Sacagawea. Kind of fitting since he was going on a journey.
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Moderator
 United States
188770 Posts |
Someone should hold a huge protest rally at the corporate headquarters of Crane & Co.
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Pillar of the Community
United States
4541 Posts |
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It'll succeed when they remove the "paper dollar" from circulation !  I just dont like the fact of carrying change b/c I hate having a bunch of stuff in my pocket! If I spend cash at a store the first thing I do with the change is put in a container as soon as I get to the car |
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Pillar of the Community
Australia
1040 Posts |
With the exchange rate what it is at the moment, feel free to send me all those nasty $1 notes and I will send you back all the Aussie $1 coins you want, just cross out Australia and write in America and no problems.  |
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Rest in Peace
United States
2668 Posts |
A new silver dollar the size of a dime.
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Pillar of the Community
United States
1121 Posts |
Maybe the US Mint is trying to get as much "Bang for their Buck"... They may have a plan in effect to stop minting the dollar note in affect, but since there are so many already printed and in still good condition, they may be waiting for that optimimal year to phase out the dollar note.
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Valued Member
United States
135 Posts |
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Bedrock of the Community
United States
12437 Posts |
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They may have a plan in effect to stop minting the dollar note in affect, but since there are so many already printed and in still good condition, they may be waiting for that optimal year to phase out the dollar note.
The US Mint has NOTHING to do with currency or the continuation/discontinuation of the dollar bill. Currency is printed by the Bureau of Engraving and Printing(BEP) and both the Mint and BEP are under the Dept of Treasury but they are two separate entities. Of course, the Treasury cannot discontinue the dollar bill either- it would take legislative action by Congress. But yes, I agree with the premise that the dollar bill has to go the way of the dodo for a $1 coin to succeed. |
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Bedrock of the Community
United States
17884 Posts |
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Of course, the Treasury cannot discontinue the dollar bill either- it would take legislative action by Congress. True, but if the Fed just stopped ordering them and ordered more twos, the BEP would stop printing them. There is no need to actually pass legislation. The Fed can satisfy all their orders with twos and dollar coins, they don't HAVE to order ones. |
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Valued Member
United States
135 Posts |
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True, but if the Fed just stopped ordering them and ordered more twos, the BEP would stop printing them. There is no need to actually pass legislation. The Fed can satisfy all their orders with twos and dollar coins, they don't HAVE to order ones That would require initiative and boat-rocking. In the ensuing Congressional investigation someone could lose their job, face prison or worse, loss of their pension. It's best not to think outside the box in DC. Monsters lurk outside the box. |
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Moderator
United States
188770 Posts |
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True, but if the Fed just stopped ordering them and ordered more twos, the BEP would stop printing them. There is no need to actually pass legislation. The Fed can satisfy all their orders with twos and dollar coins, they don't HAVE to order ones. I had a similar idea for eliminating the cent; the mint stops making them in large numbers (possibly just enough for mint sets) and the Fed adjusts to the shortage. Maybe I had my chicken and egg reversed, but either entity could manipulate the situation if Congress has not set quotas.  Quote:
That would require initiative and boat-rocking. In the ensuing Congressional investigation someone could lose their job, face prison or worse, loss of their pension. It's best not to think outside the box in DC. Monsters lurk outside the box. Ah, but this is where a well-proven government tactic becomes useful... Are you familiar with the patsy?  |
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Pillar of the Community
United States
858 Posts |
Agree with all who feel the only way to successfully circulate the 'coin' is to eliminate the 'paper'. Now, if we could only get more of those halves to circulate, although then the silver ones would be much harder to come by.
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Moderator
United States
188770 Posts |
I fear that the only way the Half Dollar will circulate again is if we get rid of the Quarter! |
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Pillar of the Community
United States
1121 Posts |
Thank for the info biokemist6
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Replies: 53 / Views: 4,089 |
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First Page
Previous Page
Posted 09/04/2008 11:17 am
The Supreme Court ruled the currency of the U.S. was discriminatory against the blind and visually impaired. What better reason to dump the paper dollar do we need? If you are against the dollar coin you must hate the handicapped? Even Ted Kennedy would have a hard time backing Crane when faced with this argument. It's perfect!
