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(WGAL 8)   While there is a push to kill the $1 bill and fully replace it with the $1 coin, it will never happen. The fact is people hate change   (wgal.com) divider line 223
    More: Unlikely, Government Accountability Office, U.S. Mint  
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4135 clicks; posted to Main » on 28 Nov 2012 at 9:46 PM (1 year ago)   |  Favorite    |   share:  Share on Twitter share via Email Share on Facebook   more»



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2012-11-29 12:05:01 AM
I'm gonna make it hail biatches!
 
2012-11-29 12:08:35 AM
Is there anyplace else on the planet where the government would be so stupid as to continue printing $1 bills when they introduce $1 coins? I bet only the US would be that stupid.

Let's face it, Americans are terrified of anything changing, we are cowards.

I get rolls of $1 presidential coins from the bank to use instead of $1 bills. Some cashiers buy them from the till because they like them so much. And get rid of the penny!

Just got back from New Zealand. Coins are 0.10, 0.20, 0.50, 1.00, and 2.00. Bills are $5, $10, $20, $50, $100, etc. They rationalized their currency a number of years back. Not expecting anything rational in the U.S., it's un-american.
 
2012-11-29 12:17:18 AM

Diogenes Teufelsdrockh: WorldCitizen: Maybe about the same time we catch up with the rest of the world and convert to metric?

I'm all for switching to metric, but only after the rest of the world changes the metric system to something based on actual physical constants. h wait, we already are.

Redo the foundations of the metric system to base it on actual natural constants (preferably measured at decimalized points such as 1,000,000th or 1,000,000,000th of a second or some such vs. 299,792,458th of a second for the meter, second (perhaps) itself redefined in accordance to the new system, kilogram redone, etc) with inarguable scientific grounding first then there will be cause for seriously considering switching systems. Otherwise, it's just political BS.


I read an article a while back that made the case that since the meter was essentially arbitrary, if it were going to be "fixed" then should just go ahead and make it equal to 36.0000 inches for simplifying the inevitable conversions between metric and imperial that will be taking place for many years.

Some interesting reading in The Metric Fallacy.

I'd explain more, but I need to be at the gym in 26 decihours.
 
2012-11-29 12:28:44 AM
Just imagine the fundie head-assplode epidemic if the US did something this awesome.

santitafarella.files.wordpress.com
 
2012-11-29 12:29:11 AM

Lawnchair: Benevolent Misanthrope: 1. Stop printing dollar bills

2. Mint enough dollar coins to replace them.

3. DON'T MAKE THE FARKING DOLLAR COIN VIRTUALLY GODDAMN IDENTICAL TO THE QUARTER.

4. Get rid of pennies and teach people to round.

tl;dr - crib off of Canada

Aye to 1 & 4. #2 we've already got taken care of... you have to think that's *why* we've got a billion of them stockpiled. As for #3? Our dollar coin is already virtually goddamn identical to the Canadian dollar coin. And they don't have a problem.


Yes, and it's also virtually identical to the US Quarter, which confuses people and annoys them when they have to inspect their coins to make sure they have the right one.

Make the dollar coin easily distinguishable from other denominations, and it will be less of a problem. I thought the Sackie would be fine for that, being a different color and all, but they didn't get rid of the dollar bill so it flopped. I would have loved to see it succeed.
 
2012-11-29 12:32:06 AM

lumiere: Never understood why they can't produce better quality bills, like Australian dollar bills. Those suckers are virtually indestructible and they have a super cool window too...


I see your Australian bills and raise you the new Canadian bills

http://en.m.wikipedia.org/wiki/Fronti er_Series_(banknotes)

The white parts are actually see-through. Good luck counterfeiting that.
 
2012-11-29 12:39:03 AM

Just_a_Bear: Everyone is ignoring the most basic issue. Cash registers.
Until cash registers have a place to put a dollar coin, they won't survive in the brick and mortar world.


This isn't a basic issue, this is you grasping at straws.

Also, you can put the coin where the dollar bills used to go.
 
2012-11-29 12:43:09 AM

jdbob: Just got back from New Zealand. Coins are 0.10, 0.20, 0.50, 1.00, and 2.00. Bills are $5, $10, $20, $50, $100, etc. They rationalized their currency a number of years back. Not expecting anything rational in the U.S., it's un-american.


Rational would imply using bills for the $1 and $2 denominations -- paper for the left of the decimal, coins for the right.
 
2012-11-29 12:43:10 AM

Just_a_Bear: Gyrfalcon: Random Anonymous Blackmail: What will strippers do...OOOOHHHH coin slot.

You just want to see them make change.

Perv.

is that a bad thing?


No, but the nickles will stick together.
 
2012-11-29 12:44:30 AM
Who the fark enjoys carrying around change (of any type) or uncommon denomination bills?

I've worked on and off in retail for the past 8 years in various settings, but the one constant is that any time someone gives you funny money, you just have to put it aside somewhere in the register where it can stay until the bank deposit the next day. Good luck passing that horrible stuff off on anyone else. Nobody wants to be given back some golden coin that doesn't fit into their wallet, and nobody wants to earn the glare of reprehension given to them by a clerk for having to accept some $2 bill that has no place in the register. Who intentionally walks around with a big jangly pocket of change to pay for everyday transactions? When is the last time that wearing a coin pouch was in vogue?

Funny thing is that if the penny were eliminated (which I support, for the same reasons) and the dollar coin were forced upon the public, we'd finally see the $2 bill circulate in everyday life. There'd be an unused slot in common cash registers, and people would continue to want to be able to fold their change for a fiver.
 
2012-11-29 12:46:35 AM

gerrymander: jdbob: Just got back from New Zealand. Coins are 0.10, 0.20, 0.50, 1.00, and 2.00. Bills are $5, $10, $20, $50, $100, etc. They rationalized their currency a number of years back. Not expecting anything rational in the U.S., it's un-american.

Rational would imply using bills for the $1 and $2 denominations -- paper for the left of the decimal, coins for the right.


Bravo.
 
2012-11-29 12:51:34 AM
Whoa, Whoa, farking Whoa!!

What is all this "wallet" shiat? I haven't put bills in a wallet since 1985. There's really is no point.

I'll not even go "put coins in my wallet" unless you carry a purse.

Wallets are for credit cards, rubbers and ID.
 
2012-11-29 12:59:06 AM

baorao: DanInKansas: From TFA: "As of May, the Fed had amassed $1.4 billion in $1 coins in its vaults because demand for the coins remains weak."

Anyone else feel a sudden urge to assemble a team of top-notch guys and form an insanely convoluted plan to nab the coins in a way the Fed will least expect?

[i92.photobucket.com image 590x350] 

I'll get the dump trucks


Guys, wait. According to my calculations, that's...carry the one...over a million coins. We're going to need stronger belts to hold our pants up!

Change sucks. My pockets are already full-up by carrying things that are useful, like fire and steel. Coins don't work in wallets. So here's what you do :
Eliminate coins
Get rid of the god damn purple numerals

That way we can all go around pretending we're adults, with bills that are all the same size, designed to fit neatly into a bill-fold, and aren't designed to appeal to a child-like sense of "ooh pretty colors!", that you can then sort by denomination in your wallet. If you need to pay for something you get out your wallet (or money clip if you're one of those people) and give them money or plastic.

For one thing, never make something in circulation out of a non-renewable and potentially valuable material (metals). For another, anybody that disagrees with me is un-American and therefore automatically wrong.

/I also pave over the well
//and cast magic missile at the darkness
///and the gazebo
 
2012-11-29 01:00:30 AM

Eddie Adams from Torrance: Diogenes Teufelsdrockh: WorldCitizen: Maybe about the same time we catch up with the rest of the world and convert to metric?

I'm all for switching to metric, but only after the rest of the world changes the metric system to something based on actual physical constants. h wait, we already are.

Redo the foundations of the metric system to base it on actual natural constants (preferably measured at decimalized points such as 1,000,000th or 1,000,000,000th of a second or some such vs. 299,792,458th of a second for the meter, second (perhaps) itself redefined in accordance to the new system, kilogram redone, etc) with inarguable scientific grounding first then there will be cause for seriously considering switching systems. Otherwise, it's just political BS.

I read an article a while back that made the case that since the meter was essentially arbitrary, if it were going to be "fixed" then should just go ahead and make it equal to 36.0000 inches for simplifying the inevitable conversions between metric and imperial that will be taking place for many years.

Some interesting reading in The Metric Fallacy.

I'd explain more, but I need to be at the gym in 26 decihours.


Page 4 really grabs you.
 
2012-11-29 01:04:18 AM
I go to the bank and get a supply of the gold dollars and $2 notes to use for tips. By using them since they are unusual and I tip well, the wait staff always remembers me and I get very good service so the bills and coins are worth it to me.
 
2012-11-29 01:06:33 AM

phojo1946: I go to the bank and get a supply of the gold dollars and $2 notes to use for tips. By using them since they are unusual and I tip well, the wait staff always remembers me and I get very good service so the bills and coins are worth it to me.


$1 for average service, $2 for great service?
 
2012-11-29 01:12:49 AM

Tommy Moo: Why all the talk of saving money by minting $1 coins? They cost six times as much to mint, and last about six times as long. It's a wash.


Um... I know I have used coins minted in the 20s, 30s, 40s and 50s. I'd say that's a helluva lot longer than six times the life of a dollar note (which is about 18-22 months, I believe).
 
2012-11-29 01:18:29 AM
why don't you people focus on what's really important? putting boobs back on our money.

i.ebayimg.com
 
2012-11-29 01:18:39 AM

leadmetal: All this talk about getting rid of the smaller coins...

When the real problem is that the dollar has been devalued.

A 90% silver dime still buys more than a half a gallon of gasoline.

Only the nickel retains its traditional composition and weight, and it's currently worth 5 cents for its metal value.

The coins aren't the problem. The ease of creating digital money and printing paper money is.


Still? Nice oversight of the sharp rise in silver only recently (apart from the '80s, then its decline). And fark trading a volatile silver dime for a few cups of gas...an even more volatile $20 double eagle still buys close to 600 gallons. Or a used Honda. So what's your solution?

/the silver standard ended in the early '60s...welcome to the future
 
2012-11-29 01:19:40 AM

Dow Jones and the Temple of Doom: whatshisname: Traveling in the states, I'm always amazed at how thick my wallet gets with $1 bills. You don't even have $2 bills so the singles add up quickly. And then there's the fact that all your bills look pretty much the same so trying to find a $20 in the middle of a wad of $US is more difficult than it should be. The hint of colour they've added to bills is nice.

Eh, with our bills all you have to do is look at a corner to see what the denomination is. With Canadian and certain European bills, you have to rely on the shape, color, and artistry on the bill to figure it out. It's like, ok, I want to buy a coffee, will that cost the postcard-sized pink bill with a griffon on it, or the playing-card sized blue bill with what looks to be Geraldo Rivera's face on it?


Eh, with Australia's colour-coded and differently-sized bills, all you have to know is which denomination is which colour to see what the denomination is AND blind people can tell which is which by size.
 
2012-11-29 01:21:44 AM

meanmutton: whatshisname: Traveling in the states, I'm always amazed at how thick my wallet gets with $1 bills. You don't even have $2 bills so the singles add up quickly. And then there's the fact that all your bills look pretty much the same so trying to find a $20 in the middle of a wad of $US is more difficult than it should be. The hint of colour they've added to bills is nice.

You don't keep the cash in your wallet in order? I never understood how people had trouble with American money, what with the giant numerals printed all over it. It's odd to me that people have less trouble remembering the value of pink versus yellow versus blue than remembering the value of 5 versus 10 versus 20.


I don't have to see the front (or back) of any bill in my pocket (or wallet) to know the denomination. I can tell by a glance. Not so with US $$$.
 
2012-11-29 01:25:12 AM

Omahawg: why don't you people focus on what's really important? putting boobs back on our money.

[i.ebayimg.com image 500x491]


Where's her nipple?
 
2012-11-29 01:26:11 AM

jshine: AverageAmericanGuy: meanmutton: I don't understand at ALL the different size thing.

It helps blind people by allowing them to know denominations by touch.

There are more subtle ways to achieve that. Cut off the corners or put holes in the notes or something.


Which is illegal. But, besides that, how do they know what the denomination is in the first place in order to "mark" it??? Different sizing means aresholish people cannot rip off the blind (as readily).
 
2012-11-29 01:35:06 AM

0Icky0: Just imagine the fundie head-assplode epidemic if the US did something this awesome.

[darwin on money.jpg]


What -- you think the Leftosphere would make it any easier?

Just imagine the brawl between the diversity advocates and the anti-allergen types over whether to include George Washington Carver. Or PETA vs. anyone who suggested any medical researcher that used animals. Or Greenpeace contesting a Robert Oppenheimer bill. Or the gay group catfights about whether introducing a $3 bill with Margaret Mead was ironic or insulting.

Sadly, there's plenty of anti-science advocacy to go 'round.
 
2012-11-29 01:50:18 AM
Machines dispense almost all of the metro cards used in the NYC subways. If the dollar bin is full, they stop taking dollar bills and will only take coins (but not one cent coins). The "gold" dollar coins given as change are really grungy. Most of the color is gone. They corrode, turn black. They are worn almost smooth. The coins are not durable.
 
2012-11-29 01:50:55 AM
In so many ways, the US of A is a completely backward country. The Metric System is just a start. How about the typewriter keyboard? While the USA was the first country with a base ten monetary system, if you have ever used the Euro, the logic seems obvious. The bigger the value, the larger the bill. This helps blind people. And the basic color is different, which helps the nearly blind, and stupid people.

Here is a plan. Get rid of the $0.01 coin. When a pack of gum costs $1.25, what is the use of the penny?

Get rid of fractions, completely. Go Metric! I bought some serious fungicide to spray on some apple trees. The recipe, the directions in English, were in teaspoons per gallon. The container I found was a two-liter bottle. I felt like some one in the Middle Ages. I tried to read the directions in French. What the heck is a teaspoon? I am a coffee drinker.

And the USA does not have single payer health care. Does any American ever think about the phrase: Life, Liberty and the Pursuit of Happiness? May I translate that phrase? Life is the biosphere. Liberty is politics. The Pursuit of Happiness is the economy. It is a hierarchy. You cannot rearrange those original words without making complete nonsense.

The people in the USA have completely forgotten their roots. To change the address of my local newspaper delivery, I found myself talking to a woman in Honduras. And we are still using inches. Fools get what they deserve.
 
2012-11-29 01:52:39 AM

To The Escape Zeppelin!: /Also I like paper money. Just because.


www.cringel.com
You'll get over it.
 
2012-11-29 01:59:45 AM

gerrymander: Sadly, there's plenty of anti-science advocacy to go 'round.


Definitely,
But the lefty loons don't chair or sit on the Congressional Committee on Science.
 
2012-11-29 02:18:07 AM
The reason $2 bills are unpopular is because people cannot count by twos. When I ran a register I was amazed at how the average person simply could not count ones, let alone twos.
 
2012-11-29 02:21:45 AM

xelnia: WorldCitizen: Maybe about the same time we catch up with the rest of the world and convert to metric?

I don't think I could handle metric dollars!


Kilodollars? Megadollars? Hmm...
 
2012-11-29 02:43:19 AM

Acharne: Except when the new ones won't work in the vending machine ARRRRRGH.


Actually, coin acceptors made since 1980 have the ability to properly recognize dollar coins, it's just usually turned off. Seriously, one place I worked, I was able to use dollar coins in the vending machines for about week, until the vending company put a plastic insert in the slots to prevent anything larger than a quarter from being used. Where I work now, the machines take them with no problem.
 
2012-11-29 02:52:09 AM

12349876: Ditch the penny and nickel too and you wouldn't have to worry about dealing with more coins.


You don't want to ditch the nickle but keep the dime and quarter. Imagine the following situation: "That'll be $5.10, please." "OK, I've got a five, but no dime...oh, look I've got a quarter. Can you make change for $5.25?"

Kill the penny, definitely. But you're going to have to either replace the quarter with a 20-cent piece, or keep the nickel, or do away with anything smaller than a quarter if you want the coinage to be consistent and useful.
 
2012-11-29 02:53:46 AM

mvl9591: Machines dispense almost all of the metro cards used in the NYC subways. If the dollar bin is full, they stop taking dollar bills and will only take coins (but not one cent coins). The "gold" dollar coins given as change are really grungy. Most of the color is gone. They corrode, turn black. They are worn almost smooth. The coins are not durable.


I can destroy a paper bill in about half a second while counting a stack of them by accident. never seen a teller rip a coin in half by accident. not to mention the fact people still pay me with coins from 20+ years ago.

 so whats your point other then subways are dirty and filled with breaking dust from trains?
 
2012-11-29 03:09:13 AM
Why not do away with all coinage and all dollarage if there is such a word and have it all go on plastic? I suppose too many retards out there would not have a bank account to allow this to work. Still, I hate coins. But I do miss going to the casino and carrying buckets of coins to the teller to cash in...
 
2012-11-29 03:12:41 AM

HumanBeingsSuck: The problem with the U.S. $1 Coin is, it is very very similar in size, weight, and thickness to a quarter-dollar coin.


The Sackies and presidential dollars do not have the reeded edge, though. If you are trying to pull a coin out of your pocket, and there's a smooth coin too big to be a nickel, it's a dollar.
 
2012-11-29 03:16:47 AM

lordargent: $ coins are way heavier than dollars. You would need $151 in $1 bills to hit 1/3rd of a pound.


I can remember being in Amsterdam and having to constantly pull up my pants all the time due to the weight of all the coins.

On the flip side there were a number of times when I thought I was out of money because I had nothing but change left only to find I had like thirty bucks/guilders.
 
2012-11-29 04:19:44 AM

Keizer_Ghidorah: Omahawg: why don't you people focus on what's really important? putting boobs back on our money.

[i.ebayimg.com image 500x491]

Where's her nipple?


I rubbed it off

sorry

/not really
 
2012-11-29 04:20:42 AM

Spiralmonkey: FunkOut: 12349876: Ditch....

I've got an old British half-penny around here somewhere. It's so small and thin you could accidentally inhale it.

I've just realised you mean a new half penny - to a British person an old half penny is one of the pre-decimal ones, a new half penny was one of the little ones that were about 1cm across and are also no longer used... sorry for misunderstanding.


Yes, yes, I thought of that too, I guess I meant old because they don't use them anymore. I have some 1919 pennies and they are enormous. I don't know how anyone dealt with that halfpenny, it was so tiny.
 
2012-11-29 04:28:44 AM

RealFarknMcCoy2: jshine: AverageAmericanGuy: meanmutton: I don't understand at ALL the different size thing.

It helps blind people by allowing them to know denominations by touch.

There are more subtle ways to achieve that. Cut off the corners or put holes in the notes or something.

Which is illegal. But, besides that, how do they know what the denomination is in the first place in order to "mark" it??? Different sizing means aresholish people cannot rip off the blind (as readily).


I'm suggesting the gov't do the marking, not some random person. In that case, legality wouldn't be an issue, since the law would need to be changed in any case.

...and besides, we have no provision for making the bills identifiable to the bind now, so whether this is done or not, nothing would be lost.
 
2012-11-29 04:54:50 AM
US money is so boring !
 
2012-11-29 05:25:54 AM

glassgnome: Who the fark enjoys carrying around change (of any type) or uncommon denomination bills?

I've worked on and off in retail for the past 8 years in various settings, but the one constant is that any time someone gives you funny money, you just have to put it aside somewhere in the register where it can stay until the bank deposit the next day. Good luck passing that horrible stuff off on anyone else. Nobody wants to be given back some golden coin that doesn't fit into their wallet, and nobody wants to earn the glare of reprehension given to them by a clerk for having to accept some $2 bill that has no place in the register. Who intentionally walks around with a big jangly pocket of change to pay for everyday transactions? When is the last time that wearing a coin pouch was in vogue?

Funny thing is that if the penny were eliminated (which I support, for the same reasons) and the dollar coin were forced upon the public, we'd finally see the $2 bill circulate in everyday life. There'd be an unused slot in common cash registers, and people would continue to want to be able to fold their change for a fiver.


Everything you typed is likely untrue. Most of it is definitely only opinion. Some of it is just pretty silly.
 
2012-11-29 05:56:41 AM
fark coins. I don't like their jingle, their weight, or their unflattering shapes in tighter pants. Besides, women's pockets are only so large and I refuse to carry a purse when I could just carry a wallet with bills in it. No, a zippered wallet is not a real wallet.

Besides, I inevitably lose my coins or the kid eats them or they go in the dryer, hell, a lot probably just get thrown away. Seriously, fark coins. And I've yet to meet a vending machine in the US that takes the dollar coins so they'd be useless for even the most primary use of coins in the states.
 
2012-11-29 06:27:56 AM
Going to Canada sucks, you always have to walk around with a pound of bulky ching changling change in your pocket just to fit. It ties up the register as each person loves to count out their mound of change and pay out exactly in perfect lowest demoninations. Though i suppose thats faster than here where everyone just pays credit. The only people i see using cash are wealthy boomers who only pay with 20s. I dont even know what they do with their singles, fives, and tens, probably just clumps up in their laundry.
 
2012-11-29 06:46:15 AM

RealFarknMcCoy2: To The Escape Zeppelin!: /Also I like paper money. Just because.

[www.cringel.com image 568x314]
You'll get over it.


The dude on the 2 dollar coin is the second ugliest person put on money.

/the first is SB Anthony.
 
2012-11-29 07:34:33 AM

Eddie Ate Dynamite: baorao: DanInKansas: From TFA: "As of May, the Fed had amassed $1.4 billion in $1 coins in its vaults because demand for the coins remains weak."

Anyone else feel a sudden urge to assemble a team of top-notch guys and form an insanely convoluted plan to nab the coins in a way the Fed will least expect?

[i92.photobucket.com image 590x350] 

I'll get the dump trucks

Guys, wait. According to my calculations, that's...carry the one...over a million coins. We're going to need stronger belts to hold our pants up!


technically a billion is over a million coins I suppose.
 
2012-11-29 07:57:57 AM

Just_a_Bear: Until cash registers have a place to put a dollar coin, they won't survive in the brick and mortar world.


Eliminate the penny. Hell, there used to be a place for the half-dollar, and that's gone, so people have been adapting all along.
 
2012-11-29 08:30:54 AM

Teknowaffle: The dude on the 2 dollar coin is the second ugliest person put on money.


Why else do you think he had to resort to having sex with slaves?
 
2012-11-29 08:34:31 AM
Dow Jones and the Temple of Doom
2012-11-28 09:51:23 PM

Toshiro Mifune's Letter Opener: Just wait until the $2 coin comes out.

We already had that, with both the Susan B Anthony, and then the Sack of Jawea. This isn't a new thing.

$1 != $2

You're citing $1 coins to say that a $2 coin existed? o.O
 
2012-11-29 08:48:50 AM

AverageAmericanGuy: Shenanigans!: Maybe if they made it cool like the £1 coin...but still, I doubt it.

Not if they try to emulate the weight. The quid is a heavy coin.

Do not want.


Yes but what about the cool designs. Link
 
2012-11-29 08:53:16 AM
fark coins.
 
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