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Posted 02/06/2013 7:45 pm
Yeah, the reason they won't redesign the $1 bill, is due to the costs to small businesses and vending industry who will have to reprogram or scrap and replace dollar bill validators that are too old to be reprogrammed for a new style $1 bill. Plus I heard a rumor, years ago that the vending industry said they would stop accepting $1 bills all together if they were redesigned. So, how can they reprogram for the $5 bill just fine, and the $5 bill circulates about as heavily as the $1 bill. Even $5 bill I get out of circulation is in way worse shape than the $1 bills.
I say, let these vendors and small businesses eat up the cost and redesign the $1 bill to make all denominations look like they actually belong in the same family. I'm not trying to be mean towards these businesses, but sometimes you got to give into things.
I say, let these vendors and small businesses eat up the cost and redesign the $1 bill to make all denominations look like they actually belong in the same family. I'm not trying to be mean towards these businesses, but sometimes you got to give into things.
