26
September
2009
September
2009
How to make the Dollar Coin Succeed
It seems every year or two the federal reserve tries to bring dollar coins into the mainstream. From a practical and financial standpoint, it makes a lot of sense but it seems that every right wing group under the sun opposes them for one reason or another.
So you want the dollar coin to succeed? Are you willing to take a little bitter pill for the betterment of society?
Put Ronald Reagan on the coin with a big ole’ “In God We Trust” across his chest and you’ll find the right clamoring to get their hands on those babies.
But really, why should we care who is on it if it’s going to save taxpayers a ton of money on reprinting costs?
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Jim McGuigan
Uncategorized
Reagan comment, halarious.
I don’t use the coins, they are awkward I throw them in the coins and collect them. Same issue with pennies, too many will be taken out of circulation and metal costs more than paper.
How about recycled plastic dollars?
Actually the coins are cheaper than constantly reprinting the paper dollars. The problem is that they’re not being used or they’re being collected and people are dropping them into their sock drawers rather than spending them.
Ah yes, when in doubt…blame evil republicans.