Re: How do I approach my currency revamp issues?
- From: Jim Seymour <nntp.js@xxxxxxxxxxx>
- Date: Sun, 23 Mar 2008 17:29:06 GMT
Padraic Brown wrote:
On Sat, 22 Mar 2008 22:42:42 -0700 (PDT), malanutt4life@xxxxxxx
wrote:
[...] I'm not really worried about $1 or $2 coins anymore, because
it has come to be very clear that Congress will NOT eliminate the
$1 or $2 bills anyway. So I give up on that one. As much as I wish
they would get rid of them.
Why give up on that one? *That* is the one that will be more likely than the reintroduction of high denomination notes or the
introduction of an entirely new denomination note!
Exactly! Of all his ideas, that is the only one *I* care about - and
the only one I think has any chance of being implemented.
Congress (right or wrong) will see high denomination notes as being used
ONLY in the underground economy - so there's a strong disincentive to
reissue those.
And the changemakers have no trouble using two quarters instead of a
half dollar - so really only the collectors care about that denomination.
But the dollar coin/bill issue has received significant press in recent
years. After the election's over, I wouldn't be surprised to see
somebody champion the cause. (Whether it gets any traction, though, is
yet to be seen).
--
Jim Seymour
.
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