John Mccain And Mike Enzi Reintroduce The Currency Optimization, Innovation, And National Saving Act

If you look back to the era when the great powers enacted merchantilistic monetary policies you will see that there periods of great growth were driven by a policy of stregnthening their home currency (the British and Dutch Empires for example), driving exports and retaining profits at home.

I didn't read all the pages of this post, but the COINS Act does NOT eliminate the cent coin.

Cents will continue to be legal tender and no other changes to pricing, etc. are mandated or suggested.

That's right, it just suspends minting cents for a 10 year period.

Also, it instructs the Mint to continue making cents "for the needs of numismatic collectors of that denomination".

It increases the copper content of 5 cent coins to 20%.

Dollar bills would continue to be made for two years after the bill passes.

Dollar bills, after that would continue to be made "for the needs of numismatic collectors of that denomination".

Dollar bills would continue to be legal tender, but the Federal Reserve would start removing them from circulation.

It postpones making a decision on whether to eliminate the cent until a later date.

Gee, maybe all the copper penny rolls I've been buying lately will be worth a small fortune ten years from now! because the Zincolns in circulation will all have rotted by then!

I accept that possibility.