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 Replies: 141 / Views: 11,515 |
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Rest in Peace
United States
9104 Posts |
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I'm I have done my research correctly, dollar coins have 75% copper in them.
88.5% copper |
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Moderator
 United States
188440 Posts |
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Same reason Canada used pure nickel coins. They didn't ask people what they'd like, they told them what they'd get. Good point. The last time I checked, people are not fleeing from the Great White North, so their monetary material choices cannot be all that bad.  |
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Pillar of the Community
United States
2295 Posts |
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$2 Williams I've never heard the $2 note be called a William. What is a William? |
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Bedrock of the Community
United States
10038 Posts |
You response to my post of: Quote:
I also never quite understood why Canadians always accepted and used the $2.00 bills and the US people rejected them. was: Quote:
Same reason Canada used pure nickel coins. They didn't ask people what they'd like, they told them what they'd get. I'm sorry but I do not understand what you are saying. The Canadians readily used both $1.00 and $2.00 bills at the same time for years. They were not told they had to use anything. Both types of bills were available in both countries. The Canadians embraced the $2.00, in the US, people did not use them. This is what I was referring to as being puzzling. Am I missing something here? How much squash could a Sasquatch squash if a Sasquatch would squash squash? Download and read: Grading the graders Costly TPG ineptitude and No FG Kennedy halveshttps://ln5.sync.com/dl/7ca91bdd0/w...i3b-rbj9fir2 |
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Pillar of the Community
United States
4132 Posts |
Here's a few puzzlers...
Why do people prefer and usually get two fives instead of a ten? Why are tens relatively disused? Ones and hundreds are popular, but move the decimal one place, and it's suddenly not a useful bill.
Why are twenties so popular but twos are not? If you're getting $60 in change you'll almost never get a fifty and a ten, you'll always get three twenties. If you're getting $6 back, you'll get a five and a one but never three twos.
Why did quarter dollars catch on? We don't use two-and-a-half dollar bills, or twenty-five dollar bills, or two-hundred-fifty dollar bills.
Theoretically, a 1:3 ratio between denominations is optimal, in terms of minimizing the number of bills/cons required in any transaction. But that's awkward for our base-10 trained brains. $1/3", $1, $3, $9, $27, $81... Crazy! So, I propose we just switch to a base-9 number system, so it would be $0.1, $0.3, $1, $3, $10, $30... Simple!
Edited by CaptainFwiffo
02/21/2012 4:07 pm
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Bedrock of the Community
United States
10038 Posts |
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Good point. The last time I checked, people are not fleeing from the Great White North, so their monetary material choices cannot be all that bad. You aren't in an area where the snowbirds come through every year are you?  How much squash could a Sasquatch squash if a Sasquatch would squash squash? Download and read: Grading the graders Costly TPG ineptitude and No FG Kennedy halveshttps://ln5.sync.com/dl/7ca91bdd0/w...i3b-rbj9fir2 |
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Moderator
United States
188440 Posts |
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I've never heard the $2 note be called a William. What is a William? Bill is short for William. Just a typical example of BiggFredd's sense of humour.  Quote:
You aren't in an area where the snowbirds come through every year are you? I am not, but my dad is and they always go home when the heat comes. |
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Rest in Peace
United States
9104 Posts |
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if I want a 50 cent cany bar, and have a 2 dollar bill in my pocket, I would then have more change then when using a 1 dollar note Since 50 cent candy bars are now a buck, just get rid of a dollar coin, and you have less change. Since you're interested in less change, is it safe to assume you normally ask for a half dollar when handed two quarters? If you don't, your argument doesn't hold water. |
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Rest in Peace
United States
9104 Posts |
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Since paper money is made of 75% cotton and 25% linen, it would make nice clothes. Could you cite this? I ask, because wiki says Quote:
The exact composition of the paper is confidential, as is the formula for the ink. and I can't find anything on http://moneyfactory.gov |
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Moderator
United States
188440 Posts |
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Since you're interested in less change, is it safe to assume you normally ask for a half dollar when handed two quarters? If you don't, your argument doesn't hold water.  |
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Moderator
United States
188440 Posts |
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Could you cite this? I ask, because wiki says Found it here... http://moneyfactory.gov/faqlibrary.htmlQuote:
What is currency paper made of?
Currency paper is composed of 75% cotton and 25% linen. |
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Rest in Peace
United States
9104 Posts |
Quote:
what happenes when copper, which is 75% composition of the dollar coin, explodes in price? 88.5% Quote:
Will we then move to a plastic coin, which requires oil to produce? Fossil fuels are being depleted. Once the plastic coin cost more than what its worth, what will we move to next? Wood coins? Since current metal content of the dollar coin is around 6¢, copper would have to be around $50 a pound (and gas $50 a gallon) for that to be an issue. By then, we should have quit making them, just as we should stop making cents and nickels today. Quote:
I dont see input about other countries large hordes of US currency. How much will it cost to replace their foreign currency reserves? I'm sure they dont want US dollar coins. Will they accept 2 dollar notes instead? Why is it our problem to replace their reserves? Since most of their reserves is in $100 notes, how is changing the $1 going to matter? |
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Moderator
United States
188440 Posts |
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Since current metal content of the dollar coin is around 6¢, copper would have to be around $50 a pound (and gas $50 a gallon) for that to be an issue. By then, we should have quit making them, just as we should stop making cents and nickels today. Perfect reasoning. Unfortunately, when it comes to our lawmakers, politics always trumps reason.  |
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Rest in Peace
United States
9104 Posts |
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More than 4 notes means 5 notes or more. Please explain how you would pay for something and receive 5- 1 dollar notes?. Then please explain how it would be your fault. I see it all the time. Item is $2.50, customer has three $1 and a pocketful of change, pulls out a $20 instead. |
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Rest in Peace
United States
9104 Posts |
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The fact of the matter is, it is safer to drive at slower speeds and when cosidering human error and the time it takes to stop a car. Which were the excuses the gubmint used at first. They pointed out that accidents were fewer. When they raised the limit again, accidents continued to drop. It had nothing to do with speed. - Improved roads, signs and guardrails
- better driver training
- Improved brakes and tires
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Also, driving at around 60 MPHG saves gas and lowers the cost for everyone. The 65 Newport I was driving got 17mpg, same as the EPA figure for the comparatively tiny Crown Vic. Its cruising speed was 85mph. Properly inflated tires would save the same amount of fuel as slower speeds. The logical extension of the safety at lower speed is for everyone to walk. It's almost impossible to kill someone by walking into them. Even more off-topic: Do you know why supermarkets got to lower their air-conditioning temps after a couple months of regulation? They showed that energy savings on AC were less than the extra usage of all the coolers and freezers. |
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Replies: 141 / Views: 11,515 |
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Posted 02/21/2012 3:03 pm
