Quote:
I am beginning to see the wisdom of a revamp where there is a dime, a smaller half dollar, a one dollar coin and eventually a two dollar coin. Under this kind of system we would round to the nearest 10 cents.
As I have said, either get rid of the cent, nickel and quarter, and bring back the fifth/20 cent coin and reduce the size of the half, and add $1 and $2 coins.
OR:
Eliminate the cent, nickel and dime, and put a law into effect that all merchandise be priced by the quarter (Like $1.25 for a candy bar, $2.50 for a dozen of eggs, $19.75 for a case of beer, or $10.00 for a package of meat, and round the sales tax ONLY on the final total to the nearest quarter, as everything else would already BE priced to the nearest quarter. That way, we could have a quarter, half, $1, $2, and $5 coin.
And like I said, while we're at it, bring back the $500, and $1,000 bills and add a $200 bill, and maybe even bring back the $5,000 and $10,000 bills and add a $2,000 bill, and to heck with the drug dealers, money launderers and counterfeiters. Just put some kind of features on the $10-$10,000 bills that make them traceable by government computer systems, like a chip or bar-code or something.