How to eliminate the cent AND the nickel....GOVERNMENT style.
topstuf
Posts: 14,803 ✭✭✭✭✭
Start making 2 cent and 3 cent pieces again. Require all persons to carry one of each at all times. Post guards to make sure.
Then if the change came out to a penny, the citizen would have to tender the right denomination to correct the change.
Simple?
That way, the government could ELIMINATE the costs of making TWO coins by only making two MORE !!!
This is brilliant......I'm callin my congressman.
Then if the change came out to a penny, the citizen would have to tender the right denomination to correct the change.
Simple?
That way, the government could ELIMINATE the costs of making TWO coins by only making two MORE !!!
This is brilliant......I'm callin my congressman.
0
Comments
Joe.
I'll give you my .02 for your .03, which will result in making us both lawbreakers.
They didn't really think this one through, did they?
I don't want any part of it!
Ken
Gas goes down to 20 cents a gallon, a movie ticket is 60 cents, a new car would be $2000-$3000 again, and our minimum wage would be 50 cents per hour.
Everyone would be happy that prices are so low for everything, and they'd quickly get over the fact that they only have $100 in their bank accounts and $1000 to retire on.
Our national deficit would go back down to the billions, and the Euro would be worth ten times the dollar. We'd never be able to travel again, but then again who needs to?
The Sacagawea dollar would be completely unnecessary (a $10 coin in current dollars), and quarters would remain the workhorse of our economy - just like people want it.
Yes, let's get rid of the cent and nickel - they are worthless anyway, right?
The Lincoln cent store:
http://www.lincolncent.com
My numismatic art work:
http://www.cdaughtrey.com
USAF veteran, 1986-1996 :: support our troops - the American way.
<< <i>Currency reform...drop a zero, so a dollar becomes a dime, and a dime becomes a penny. Get rid of the cent and nickel.
Gas goes down to 20 cents a gallon, a movie ticket is 60 cents, a new car would be $2000-$3000 again, and our minimum wage would be 50 cents per hour.
Everyone would be happy that prices are so low for everything, and they'd quickly get over the fact that they only have $100 in their bank accounts and $1000 to retire on.
Our national deficit would go back down to the billions, and the Euro would be worth ten times the dollar. We'd never be able to travel again, but then again who needs to?
The Sacagawea dollar would be completely unnecessary (a $10 coin in current dollars), and quarters would remain the workhorse of our economy - just like people want it.
Yes, let's get rid of the cent and nickel - they are worthless anyway, right? >>
Worthless? Worthless?
Send me all your Nickels and Pennies please! I'll take them off your hands... only because they are "worthless."
You could kick my dog... take my wife (PLEASE)... but don't say my coins are worthless!
Actually, I love dealers who think Jefferson's are worthless, so you can continue to think whatever you want... the best one I've found was a dealer who thought a 53-S MS64FS was worthless (he had it in his bargin bin).
I'm still waiting for the .9 coin... cause everytime I fill up my car, I get screwed!
Enough of my rant!
Steve
In memory of the USAF Security Forces lost: A1C Elizabeth N. Jacobson, 9/28/05; SSgt Brian McElroy, 1/22/06; TSgt Jason Norton, 1/22/06; A1C Lee Chavis, 10/14/06; SSgt John Self, 5/14/07; A1C Jason Nathan, 6/23/07; SSgt Travis Griffin, 4/3/08; 1Lt Joseph Helton, 9/8/09; SrA Nicholas J. Alden, 3/3/2011. God Bless them and all those who have lost loved ones in this war. I will never forget their loss.
<< <i>Start making 2 cent and 3 cent pieces again. Require all persons to carry one of each at all times. Post guards to make sure.
Then if the change came out to a penny, the citizen would have to tender the right denomination to correct the change.
Simple?
That way, the government could ELIMINATE the costs of making TWO coins by only making two MORE !!!
This is brilliant......I'm callin my congressman.
>>
In true government fashion, I have already developed an improvement, (an amendment if you will). The only thing that could POSSIBLY make your idea better is if both the 2 and 3 cent coins should be made out of gold, making each coin worth it's actual weight in gold.
Tom
(And I have trouble reading the dates on cents......)
<< <i>Worthless? Worthless?
Send me all your Nickels and Pennies please! I'll take them off your hands... only because they are "worthless."
You could kick my dog... take my wife (PLEASE)... but don't say my coins are worthless!
Actually, I love dealers who think Jefferson's are worthless, so you can continue to think whatever you want... the best one I've found was a dealer who thought a 53-S MS64FS was worthless (he had it in his bargin bin).
I'm still waiting for the .9 coin... cause everytime I fill up my car, I get screwed!
Enough of my rant!
Steve >>
In case you didn't catch the mood ( ) at the end of my post, I too get tired of hearing people say money is worthless - in any amount. I should know, I have well over a quarter million cents...call THAT worthless!
The Lincoln cent store:
http://www.lincolncent.com
My numismatic art work:
http://www.cdaughtrey.com
USAF veteran, 1986-1996 :: support our troops - the American way.
Well then... NEVERMIND
In memory of the USAF Security Forces lost: A1C Elizabeth N. Jacobson, 9/28/05; SSgt Brian McElroy, 1/22/06; TSgt Jason Norton, 1/22/06; A1C Lee Chavis, 10/14/06; SSgt John Self, 5/14/07; A1C Jason Nathan, 6/23/07; SSgt Travis Griffin, 4/3/08; 1Lt Joseph Helton, 9/8/09; SrA Nicholas J. Alden, 3/3/2011. God Bless them and all those who have lost loved ones in this war. I will never forget their loss.