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 Replies: 65 / Views: 6,955 |
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Moderator
 United States
188660 Posts |
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Eliminate the dollar note and the two dollar note will increase in usage, THEN you can redesign it.  Quote:
agree. The best thing to do will be to eliminate the dollar bill and force use of the dollar coin. They will not peaceably coexist in the U.S. Canada has proved this already... n9jig, your whole post was great!  |
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Valued Member
United States
493 Posts |
To simple, Just stop printing the dollar, let them fall into tatters, tell the people you want your dollar bill?, get your scotch tape out. Eventually banks will request the dollar coin, they'll need something, can't make enough change?, push some halves into circulation as well. Sometimes the solution is to just do nothing and let things work themselves out, or in this case .. the people to figure things out for themselves, kind of doubt commerce is going to stop, and can't make to many excuses, a dollar is a dollar. Getting rid of the penny however has been said to be a logistical nightmare, that would require re-educating the public, still since so many transactions are going through computers..
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Pillar of the Community
 708 Posts |
everything, There is still also that $2 rag that the people can choose to help make more change, but I like the idea of pushing more halves into circulation as well. Maybe that way, the U.S. Mint will run out of circulation supply halves, and have to mint new halves for general circulation. Maybe then, they'd redesign the reverse, for some Kennedy related reason.  Edited by Fox
05/20/2015 12:48 am
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Moderator
United States
188660 Posts |
Everything gets it. |
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Pillar of the Community
United States
997 Posts |
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"(Canada) have provided iconic, non partisan designs".... "You mean like the Queen of England? Sure. What political party does she belong to? While the UK has gone back and forth with political parties over the last half century or so of her "rule"*, the Queen pretty much stays away from partisan politics. The closest thing the USA has to the UK's Queen suitable for use on our coinage would be Lady Liberty. This does not represent political figures like presidents or statesmen or historical figures like SBA but represents the best of America in a neutral manner. Current coins and currency with illustrations of real people cause controversy. Republicans hate that Democrats are on coins and vice versa. While figures like Washington and Jefferson transcend politics more recent presidents and others tend to be more polarizing. A neutral figure like Lady Liberty eliminates politics from the equation. *(The regent, currently QEII, has very little real political power and stays out of the political process as much as possible.) |
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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
188660 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
188660 Posts |
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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
188660 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
188660 Posts |
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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
188660 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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Replies: 65 / Views: 6,955 |
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Posted 05/19/2015 9:57 pm
