What the U.S. needs is an 18-cent coin

Post by icebraining » Thu, May 17, 2012, 11:40 PM UTC

michaelcampbell wrote: post #25

mcmire wrote: post #13

No. What the U.S. needs is NO coins. (Seriously, does ANYONE use coins anymore? It's either bills or a credit card for me.)

I don't use coins not because I use bills instead; I don't use coins because I don't use much cash. I just came from a 3 week business trip in Europe, and at least the people I was around use the €1 and €2 coins all the time . I wish we'd get rid of our $1 bills and go to a $1 and $2 coin as well; very convenient. From what I understand, it's cheaper for the gov't in the long run too.

There's already $1 Billion in minted $1 coins already, but nobody wants them: https://www.npr.org/2011/06/28/137394348/-1-billion-that-nob...

Post by michaelcampbell » Sat, May 19, 2012, 5:31 AM UTC

icebraining wrote: post #31

michaelcampbell wrote: post #25

Earlier quoted context omitted.

I don't use coins not because I use bills instead; I don't use coins because I don't use much cash. I just came from a 3 week business trip in Europe, and at least the people I was around use the €1 and €2 coins all the time . I wish we'd get rid of our $1 bills and go to a $1 and $2 coin as well; very convenient. From what I understand, it's cheaper for the gov't in the long run too.

There's already $1 Billion in minted $1 coins already, but nobody wants them: https://www.npr.org/2011/06/28/137394348/-1-billion-that-nob...

If we got rid of $1 bills, I suspect the demand would go up some ;-)

Re: What the U.S. needs is an 18-cent coin

Re: What the U.S. needs is an 18-cent coin