![]() |
|
|||||||
| View Poll Results: how bout a poll eh? | |||
| fold |
|
8 | 32.00% |
| call |
|
6 | 24.00% |
| raise |
|
11 | 44.00% |
| Voters: 25. You may not vote on this poll | |||
|
|
Thread Tools | Display Modes |
|
#12
|
|||
|
|||
|
[ QUOTE ]
I'm kind of surprised so many people are so against dollar-coins. I think paper dollar-bills suck. Somebody mentioned how annoying it is trying to use it on a vending machine. No f'ing joke. It's just annoying. Paper $1 bills are just dumb. Pretty much agree with metetron on his arguments (except that bit about coins in the little pouch in the wallet...just not my style). Somebody pointed out that $0.25 has been our largest commonly used denomination coin for quite some time. So long that I suspect a dollar is now worth less than a quarter has been for quite some time. So, basically this is the equivilent of going 25 or 30 years back in time to 1975 or something and us having a paper-bill for quarters. It's just stupid. Also agree that abolishing the penny is a good idea but evidently there's some significant resistence to this from a nation full of penny-lovers. Saw a story about this on CNN a few months back and it was stated that each penny now costs $0.03 to make. I believe the country is losing millions of dollars just from the cost of minting all those damn pennies. If losing that much money to keep some stupid 'penny tradition' alive isn't a ridiculous waste then I don't know what is. Yeah yeah...so what's a few million bucks here or there for our country that spends X amount for education or defense or the Iraq war or whatever? Big whoop. Well, it seems there's a sick amount of stupid mis-spending from our govt. Save a few million here or there by getting rid of the stupidest of the stupid and it can actually start to add up. [/ QUOTE ] The U.S. no longer uses the gold standard, though. Thus, the currency that they issue constitutes an interest-free loan AFAIK. Even if costs them 3 cents apiece to issue pennies, might a typical penny remain in circulation long enough that the 1 cent interest free loan can be turned into more than 3 cents? |
|
|