Harder To Find Any Rolls At Banks

I was thinking about this yeterday. It's a good idea, but the only way this will work is if the banks withdraw the dollar bills from circulation and send them back to the fed. As long as there are any quantity of ones in circulation, retailers will gripe that the drawers wont accomodate both ones and deuces.

But banks are like people, they prefer the paper as well. They aren't going to promote something they don't want to use.



I've been espousing that idea for years. It also has two other advantages. It would mean you wold never have to receive more than one dollar coin in change reducing the weight of coins in your pocket, and the increase in the production of twos would offset much of the reduction from the printing of ones thereby greatly reducing the predicted job losses that the anti-coin people say would occur at Crain Paper and the BEP.

Promotion is not even needed. If the Fed just stopped ordering ones and orderd twos, then when banks ordered they were told "We don't have the ones so we made up you order with twos and dollar coins" the banks would have to do the same thing with their customers. "We don't have enough ones, but we do have twos and dollar coins" they would have to take them and since they are all they ha they would have to circulate them Within a very short time people would be used to using them and it wouldn't matter that the banks never did get in more ones. And as the existing circulating ones wore out they would be retired and not replaced. This requires no legislation, no Congressional oversight, no millions of dollars being spent on promotions, the Fed just stops ordering ones and orders more twos.