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 Replies: 28 / Views: 2,452 |
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Pillar of the Community
 United States
2600 Posts |
Markn, just a couple of thoughts on your comments.
First, quote:
. Do you have such little faith in your govt that they would let this happen? It didn't happen here, it didn't happen in Canada, it didn't happen in Europe, it didn't happen in the UK. Why would it happen there?
I own three busMarkiness and have had them for over 20 years. The last I checked, my Govt. has never had any input on my pricing, either up or down. Free market pressures have always controlled my pricing and always will. I believe that your nation is also a free democratic state. Do they have the ability to set pricing for business? I don't think so.
Second, quote:
Rubbish, unutterable rubbish
Actually, Mark, it is not rubbish. It is Metalman's thoughts on an issue and I have found all of his opinions to be well thought out. You do not have to agree with all them, I don't. They are always, however, insightful and I find Metalman to be very open minded in his discussions. So, rubbish might be a little harsh and inflammatory.
Oh, change has caused prices to drop in the past. Just look at the effects of the assembly line in the automobile industry and the industrial revolution and its effects on the U.S. economy as a couple of examples.
Jim
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Pillar of the Community
United States
7123 Posts |
all I can say is that when I was 7 the coinage in this country changed to clad coinage from silver ,, I did not feel or note the cost based on my age ,, Australia changed to have a dollar coin circulating alongside the dollar bill in 1979,, and completely to a dollar coin in 1984 ,, it took 5 years for australia to force the change since I'm sure that the people were not asked ,, and any costs that were incurred were taken and dealt with and the Australian Government took the profits without being forced.
sometimes it is not so much what occured or did not occur its the perception of those who were in a position to feel the change.
Its the perception of what may occur ,,I have seen read and been involved in many conversations concerning these coins and I can attest that there are many different perceptions which keep americans resisting dollar coins ,, I have related only a couple of my thoughts and those of a few people ,, I could just as easily continued with a resistence to the european type monitary system (EU) which some people view the dollar coins as step in that direction ,,To what others view as an easy way for a Government to (Mexico ) to devalue coinage at any time,,
I have also heard the pro's on the subject, but seldom in a truely desireous manner ,, Americans will accept the dollar coins one day , but it will not be totally in a willing manner .
It will be forced on the people just like all the other countries who now circulate the dollar coinage .
Metalman
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New Member
United States
10 Posts |
Does anyone (besides me) remember when vending machines weren't set up to accept currency? The machine manufacturers have managed to convert to accept currency just fine. Also since I've not heard about the one dollar bill beind discontinued so I don't know why they would HAVE to convert the money accepter. Stop and think about the products that accept coins: car washes, vending machines (for food/snacks), pool tables, juke boxes, video games, pay phones, USPS (for stamps)-- I'm sure there are more. I have vivid memories of the rep for local 'amusement company' making rounds to collect $ (all coins!) from pool tables, cigarette machines and juke boxes - never a complaint that they had to handle/count/carry coins - some modified to accept $ bills but I don't remember hearing the logic that price had to be increased because of that change. Gee, I wonder what it cost all those countries to convert to EUROS - and the result was a stronger dollar.
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Valued Member
United States
179 Posts |
pay phones? people stil use these?
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Pillar of the Community
Germany
1238 Posts |
Travelers do, to some extent.* Here in Germany I only use public payphones if I do not have my cellphone with me, ie. hardly ever ... In other countries, particularly outside the EU, using my mobile phone could be quite expensive. Mine works in North America too (quad band) but the charges for using it there are not exactly attractive. So please don't do away with payphones entirely!  (* That apparently applies to visitors to Germany as well: Many public payphones have been torn down, but in well frequented places even former card phones now accept coins too.) Christian |
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Pillar of the Community
Australia
1295 Posts |
quote:
Rubbish, unutterable rubbish
Sorry I said that. Many apologies. quote:
Actually, Mark, it is not rubbish. It is Metalman's thoughts on an issue and I have found all of his opinions to be well thought out. You do not have to agree with all them, I don't. They are always, however, insightful and I find Metalman to be very open minded in his discussions. So, rubbish might be a little harsh and inflammatory.
I agree and I humbly apologise. quote:
Oh, change has caused prices to drop in the past. Just look at the effects of the assembly line in the automobile industry and the industrial revolution and its effects on the U.S. economy as a couple of examples.
Exactly. Why would bringing in the dollar coin result in price drops then? Someone who fills vending machines for a living is hardly someone to comment on the nature of the whole vending machine business. Sure they might be heavier but the electronics required to handle coin vending is cheaper and more reliable than currency so there will be gains there. |
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Pillar of the Community
Australia
1295 Posts |
quote:
That is an interesting debate practice you have there !
Yes. Sorry, I'm not usually so rude. quote:
My reasoning really extends from a simple belief that Government is not a business, it is not placed by the people to make money off the people.we pay our tax dollars for services,not profit !
Yes you do. But surely you want these spent efficiently? Government doesn't have to make a profit but they have an obligation to spend your money wisely and not urinate it up against a wall. Sticking with paper money is essentially doing this. quote:
it is our tax dollars that create the money which we use,, anything that cuts costs inevitably leads to profit making by the government,, there is no talk of falling taxes based on the expenditure savings of coins -VS- paper dollars ,, that money will go someplace ! but it certianly will not be given back to the tax payers.
No it wont. But it may go towards filling holes in roads, education, health care, veterans care or whatever. Surely they are better uses than paper money? quote:
If our Government wants to change and save the money lets have some really dedicated promises about where the savings will go ,, at this point the only place which stands to profit is the mint (Government)!
I agree. Edited by markn
04/08/2007 08:55 am
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Pillar of the Community
Australia
1295 Posts |
quote:
I own three busMarkiness and have had them for over 20 years. The last I checked, my Govt. has never had any input on my pricing, either up or down. Free market pressures have always controlled my pricing and always will. I believe that your nation is also a free democratic state. Do they have the ability to set pricing for business? I don't think so.
Of course they have input. The level of taxes you pay, the wages you have to pay etc etc are all determined by the government. They all effect the prices you charge. Here's some other examples of bills put through or attempted to put your govt controlling the prices that people can charge http://leahy.senate.gov/press/200603/030206d.html - anti profiteering measures to stop contractors overcharging the govt for defence contracts http://thomas.loc.gov/cgi-bin/query...1:S.3035.IS: - national emergencies anti profiteering act Dont believe that the govt couldnt introduce exactly such measures if it believe profiteering of the nature that metalman desribes becomes an issue. |
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Pillar of the Community
Australia
1295 Posts |
quote:
Australia changed to have a dollar coin circulating alongside the dollar bill in 1979,, and completely to a dollar coin in 1984 ,, it took 5 years for australia to force the change since I'm sure that the people were not asked
That's wrong. The change was made in one year without a lead up period. The same happened when we changed from the old pre-decimal system in 1966, when we got rid of the $2 note in 1988, and when the 1c and 2c coins were phased out in 1992. That being said the old currency was (and is) still legal tender and can be used to purchase things. |
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Pillar of the Community
United States
2600 Posts |
Thx Markn, I always enjoy reading your post. They are full of insight and I have learned much. Thx. Jim  |
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Pillar of the Community
Australia
1360 Posts |
Edited by Snooba
04/09/2007 01:44 am
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Bedrock of the Community
United States
17884 Posts |
quote:
Surprisingly, number two was what it was going to cost the vending industry to modify the vending machines already in the field. He believed it would increase the avg cost of merchandise in vending machines by 10%.
If the cost of converting the machines to accept dollar coins would cause the prices to increse 10% then they are paying their service personel WAY too much, and we should expect to see a 10% increse each month. Every vending machine manufactured in this country in the last 25 years is capable of accepting dollar coins, and a great many of the older machines are also already modified to be capable of taking them. Do you know what it takes to "modify them to accept dollar coins"? You open the door, and on the coin mechanism you flip a toggle switch from "reject dollar coins" to "accept dollar coins". Then you take a screwdriver, loosen a screw on the inside of the coin slot, slide the metal plate over so the slot is wider, and tighten the screw. That's it, you're done. If that would cause the prices to rise 10% I'd like to know why. |
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Pillar of the Community
United States
535 Posts |
quote:
You open the door, and on the coin mechanism you flip a toggle switch from "reject dollar coins" to "accept dollar coins". Then you take a screwdriver, loosen a screw on the inside of the coin slot, slide the metal plate over so the slot is wider, and tighten the screw. That's it, you're done. If that would cause the prices to rise 10% I'd like to know why.
Maybe its a very expensive screwdriver? |
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Replies: 28 / Views: 2,452 |
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Posted 04/07/2007 11:05 am
