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Legislation Introduced To Eliminate Dollar Bill

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littleboy's Avatar
United States
764 Posts
 Posted 02/05/2012  8:36 pm  Show Profile   Bookmark this reply Add littleboy to your friends list Get a Link to this Reply
I don't think discontinuing dollar notes will change the way their value will increase over the next few decades.
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kensho52's Avatar
United States
83 Posts
 Posted 02/06/2012  01:01 am  Show Profile   Bookmark this reply Add kensho52 to your friends list Get a Link to this Reply
As long as the Crane Company, manufacturer of the paper used in US notes, has powerful enough influence in DC, it makes no difference how much would be saved. Unfortunately....the coin makes far more sense, especially in vending. I've gone through 4-5 dollar bills to get one to be accepted at parking stations, etc...
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Chadwick's Avatar
United States
271 Posts
 Posted 02/06/2012  09:31 am  Show Profile   Bookmark this reply Add Chadwick to your friends list Get a Link to this Reply
just carl said,
"I'll always prefer to carry 10 to 20 single dollar bills for many reasons. No one I know likes nor uses those baby sized dollar coins. If I wanted to I could easy carry 100 single bills but 100 of thoss baby dollars? Not much of a chance.
I really think they sould start producing more $2 bills. Also, we need $3 bills since I hear so many people use them as an expression. Example is he is as ________ as a $3 bill.
So why not start making them? Or even $4, $6, $7 etc. bills. One for every number up to 100."

I like this ^

I want a 22 dollar bill! Or better yet, a 22.50 dollar bill. Pretty nifty eh?
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SteveCaruso's Avatar
United States
1796 Posts
 Posted 02/06/2012  09:46 am  Show Profile   Bookmark this reply Add SteveCaruso to your friends list Get a Link to this Reply
Hehe.

In all honesty I would love to see circulating Quarter, Half, single and Double Eagles again. They would make quite a bit of sense.
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jbuck's Avatar
United States
188513 Posts
 Posted 02/06/2012  6:05 pm  Show Profile   Bookmark this reply Add jbuck to your friends list Get a Link to this Reply

Quote:
What would happen to the adult entertainment industry if dollar bills were done away with? Oh, I shudder. Throwing coins doesn't seem very nice.

Quote:
Maybe [they] will start giving you twos at the door, or possibly privately printed coupons. Anyhow, I know they survived in Canada.
All of the clubs in my immediate area use the two dollar notes when breaking larger bills and have been doing so for at least six years now, if not longer.
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wquinn's Avatar
United States
2295 Posts
 Posted 02/07/2012  2:49 pm  Show Profile   Bookmark this reply Add wquinn to your friends list Get a Link to this Reply
When this topic was brought up in the government a few years ago, I heard that the Crane Company was going to sue and say it was breach of contract. Not sure what is worded in their contract to say that though. Anyone know? It could be that Crane was just bluffing, since it would require work on the politicians to figure that out.

Once the dollar note is eliminated, it'll put a huge demand on the two dollar note and then we'll be back to square one. The politicians never think far enough ahead, because they don't have a clue on what they are doing.

And adult clubs could issue $1 coupons for sale at the front door instead of using dollar coins, to hand out. Kind of like using tokens at Chuck E. Cheese's instead of using quarters.
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BadThad's Avatar
United States
19951 Posts
 Posted 02/07/2012  5:51 pm  Show Profile   Bookmark this reply Add BadThad to your friends list Get a Link to this Reply
Personally, I find a wallet full of stupid $1 notes annoying, I'd rather have the coins.
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Libertad's Avatar
Canada
3692 Posts
 Posted 02/07/2012  7:51 pm  Show Profile   Bookmark this reply Add Libertad to your friends list Get a Link to this Reply
Why in your straight head would you ever carry 100 coins when a $100 bill would suffice? BAD analogy.
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RealMetal's Avatar
United States
76 Posts
 Posted 02/07/2012  8:01 pm  Show Profile   Bookmark this reply Add RealMetal to your friends list Get a Link to this Reply
1$ coins are great for public transit. It bugs me to no end when passengers board the bus and someone tries to shove a wrinkly dollar bill in the fare box and it won't take it and there is a whole string of people behind them waiting to get on and it's freezing cold outside. How rude! I just drop my dollar coin and a few quarters in the fare box and I'm good to go. No muss, no fuss (no waiting, too!).

Public transit shouldn't even accept dollar bills to begin with.
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jbuck's Avatar
United States
188513 Posts
 Posted 02/08/2012  4:05 pm  Show Profile   Bookmark this reply Add jbuck to your friends list Get a Link to this Reply

Quote:
Once the dollar note is eliminated, it'll put a huge demand on the two dollar note and then we'll be back to square one.
That would be okay with me, at least we would still have the seigniorage on the dollar coins (which we lost when the chose stopping the coins over the notes).

Quote:
Public transit shouldn't even accept dollar bills to begin with.
I agree.
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CaptainFwiffo's Avatar
United States
4132 Posts
 Posted 02/08/2012  4:46 pm  Show Profile   Bookmark this reply Add CaptainFwiffo to your friends list Get a Link to this Reply
Dollar coins are GREAT for the bus. A buck and a quarter, two coins, I'm ready to go. Fishing out a dollar bill from my wallet and a quarter from my pocket (exact change only) and fussing with the bill acceptor? Five quarters? Forget that. I've been using direct ship dollars in machines all over the place. They only machine that doesn't take them are the washer/dryers at my apartment, but they're those upright slider-style quarter things, and they don't take smaller coins either.
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