posted on Nov, 30 2012 @ 09:24 AM
Originally posted by smyleegrl
From ABC news
American consumers have shown about as much appetite for the $1 coin as kids do their spinach. They may not know what's best for them either.
Congressional auditors say doing away with dollar bills entirely and replacing them with dollar coins could save taxpayers some $4.4 billion over the
next 30 years.
It seems the main savings comes because coins need to be replaced every 30 years, versus dollar bills being replaced every 4-5 years. Makes sense to
How would you feel about this, ATS? Personally, it wouldn't phase me much at all, but I'm curious to know others' views.
It may also have something to do with the fact that only the Federal Reserve can PRINT money. Then they lend it to the country with interest. Our
government cannot print money. Our government can, however, create coins.
Pay with coins-- fight the Federal Reserve!!!
Edit to Add: Next, we need to start creating $5 coins, $10 coins and $20 coins!!!
edit on 11/30/2012 by new_here because: (no reason