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(MSN)   Congress wants you to embrace the idea of jingling strippers, just in time for the holidays   ( money.msn.com) divider line
    More: Interesting, congresses, Interactive Data Real Time Services, Carolyn Maloney, David Diehl, U.S. Mint, Royal Canadian Mint  
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6953 clicks; posted to Main » on 30 Nov 2012 at 1:37 PM (5 years ago)   |   Favorite    |   share:  Share on Twitter share via Email Share on Facebook   more»

106 Comments     (+0 »)
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2012-12-01 05:34:18 AM  
Of course they want to reduce the silver from the coins.
Economies collapse when it makes more financial sense to sell the coins as scrap metal than actually use them.

Money in circulation defines how much the money you have is worth.
2012-12-01 06:45:19 AM  

HumanBeingsSuck: Splitting it on the decimal point is itself an arbitrary choice.

On the contrary, the decimal point is the only obvious place to split it.


Where is the point (get it- 'point'?) that that number can most naturally be split at? It can most naturally be split into a whole number (342345) and a decimal fraction (.945). Again, it makes sense for one type of money (bills) to be used for whole amounts, and another (coins) for fractions.

Else, why not replace ALL bills with coins, and carry around these:

dreamstime.comView Full Size

(but much larger)

instead of these:
koyono.netView Full Size
2012-12-01 07:14:05 AM  
Dang. I was so hoping for some strange "bell the cat" type of legislation.
2012-12-01 01:12:28 PM  
The problem is not getting people to use the coins, it is getting businesses to give the out as change. The only $1 coin I ever received as change came out of the store's quarter drawer. Most stores just send $1 coins back to the bank and they send them back to the Feds.

You want the $1 coin to be used more? Get Wal Mart to give them out as change.

Also a better design would help too, There is a lot of sizes between a quarter and a half-dollar. Why they keep making these $1 "quarter" sized almost seems like they want them to fail? Larger, thicker and two toned like the Toonie would be a much better design. And they could reverse the tones for a $2 coin.
2012-12-01 02:30:25 PM  
Other than inserting 1 dollar coins, how about putting a card reader down there for you to swipe?

img715.imageshack.usView Full Size
2012-12-03 03:21:06 PM  
And nobody thought there would ever be a market for these:

stilettostyle.comView Full Size

Boy were they wrong!
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