Discussion in 'Political Discussion' started by PatsWSB47, Mar 9, 2011.
eliminating-1-bills-could-save-billions: Personal Finance News from Yahoo! Finance
If we're just getting rid of singles? Sure
(but can we get rid of pennies, too?)
I use Sacagawea Dollars all of the time, usually with very mixed results.. this will be a difficult change, which I support..
In Canada believe they did away with 1 & 2 dollar bills.. the infamous loonie..
Support this completely....
EU and UK as well. A pocket full of change means you can retire.
It makes so much sense. I mean it's not that burdensome of a change(pun not intended) is it? No one suffers, though dollar bill machines would go the way of 8-tracks.
When I clean my car in the states, I find enough change to give exact change at Dunkin Donuts. When I used to clean my car in Canada, I would find enough change to take my girlfriend on a date.
Yep, do it.
Seriously, it makes a ton of sense. They've tried it before, but people love being cash rich and money poor for some reason.
If you want to have fun, bring sacagawea dollars to a really long line at Wal Mart.. see the confusion you will create.
This would be bad for the stripper industry.
Which brings up a great point. We can't get rid of the useless penny, how would we ever eliminate the $1 Bill? There are people who will argue, that we can mint the penny and still break even. Seriously, logic 101.
They'd be wrong. The penny shouldn't be part of the equation at all. A dollar coin can be used for decades and a dollar bill lasts how long? Then again strippers would have a hard time keeping a coin in a their g-strings
EDIT sorry just saw your post Wistah....keep your mind out of the gutter ;-)
Too bad they don't have a union to protect them.
My point was, that the government would not eliminate the dollar because of all the influences. As a case in point, look at the penny which is totally useless, and has insignificant value.
(I hope your sense of humor is turned on)agreed....so long as their union wasn't too strong. Luring a senior, tenured stripper over to your table mignt not be worth a dollar anyway
Kinda makes you rethink increasing the retirement age, doesn't it?
Making it rain would be far less acceptable
(I believe that's along the lines of some Tosh joke)
Hmm...I think you might have just stumbled upon what the real sticking point is with this union bargaining controversy. Where do you think they're meeting to discuss it anyway? No wonder they won't go back to WI
With Italy serving as somewhat of a second home to me, I've experienced the move to the dollar coin currency first hand there. It's because of my experience with this that I am absolutely positively opposed to eliminating the $1 bill. In terms of convenience, carrying the coins absolutely sucks. Make no bones about it. Carrying $15 in "singles" will truly be something none of you will enjoy. It's awful. Aside from that, and most importantly, it's inflationary to common folk. It might sound stupid, but paper currency holds more weight (hehe) than a coin equivelent in the minds of the average person. A dollar is quickly treated like a quarter, and because of that, the value of smaller currency is quickly lessened on a psycological level. This is from my own experience with the Euro.
Separate names with a comma.