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My Quarter Proposal Alternative

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Bedrock of the Community
Conder101's Avatar
United States
17884 Posts
 Posted 01/05/2021  05:28 am  Show Profile   Bookmark this reply Add Conder101 to your friends list Get a Link to this Reply

Quote:
I don't understand why congress keeps introducing such nonsense.

For the simple reason that enough people hoard them to require excessive mintages, which means excessive seigniorage profits for the Mint. Such profits are then deposited in the General Fund which Congress then spends.
Bedrock of the Community
United States
20753 Posts
 Posted 01/05/2021  10:43 am  Show Profile   Bookmark this reply Add just carl to your friends list Get a Link to this Reply
I think it's time to commemorate all the gangsters from the past. Place their images on our coins. Imagine your first Proof set of Al Capone Quarters.
Pillar of the Community
TheForce's Avatar
United States
4870 Posts
 Posted 01/05/2021  12:41 pm  Show Profile   Bookmark this reply Add TheForce to your friends list Get a Link to this Reply
How about quarters commemorating thrash metal bands? This is getting nuts! Megadeth and Slayer quarters! whaaaa!
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jbuck's Avatar
United States
188770 Posts
 Posted 01/05/2021  1:41 pm  Show Profile   Bookmark this reply Add jbuck to your friends list Get a Link to this Reply

Quote:
For the simple reason that enough people hoard them to require excessive mintages, which means excessive seigniorage profits for the Mint. Such profits are then deposited in the General Fund which Congress then spends.
Cha-ching!
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