DoubleEagle20: "Time to retire the cent. Start rounding to nearest five cents.
Then time to get ready for the elimination of the nickel and the quarter.
All we need are a 10c, new smaller 50c, $1 and $2 coin after the 5c is gone."
What percentage of the economy involves products that sell for less than a dollar: a quarter, etc.....and how would change be made with a sales tax on these products?
Would the the new order of a monetary system include money with the following format and composition?

Then time to get ready for the elimination of the nickel and the quarter.
All we need are a 10c, new smaller 50c, $1 and $2 coin after the 5c is gone."
What percentage of the economy involves products that sell for less than a dollar: a quarter, etc.....and how would change be made with a sales tax on these products?
Would the the new order of a monetary system include money with the following format and composition?

























