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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 me.
How would you feel about this, ATS? Personally, it wouldn't phase me much at all, but I'm curious to know others' views.
In a dimly lit underground vault a block from Camden Yards, the Federal Reserve is holding millions of dollars in cash that nobody wants.
Originally posted by bekod
reply to post by smyleegrl
oh why not get rid of money altogether? think... no more change to hunt for , think... no more lost bills, think ... no more bulge wallets in pants pocket. just use a card instead.
Originally posted by N3k9Ni
They should do away with all the phoney paper bills and replace them with gold and silver coins. That would save them a ton of money and take care of some other problems in the process.