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The $1 billion that no one in the United States wants

Budget cuts thanks to the stalled economy have imperiled care for the mentally ill, left a new school building unstaffed, and perhaps most disastrously, limited efforts to keep nukes out of the hands of terrorists. And yet the Federal Reserve Bank of Richmond is sitting on $1 billion in gold dollar coins it says the American public has little interest in using.the effort to get Americans to embrace dollar coins seems to be a failure
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Comments

  • rickoricko Posts: 98,724 ✭✭✭✭✭
    And the worst is yet to come....... Cheers, RickO
  • pf70collectorpf70collector Posts: 6,672 ✭✭✭
    Don't they use them alot in Puerto Rico or somewhere in South America. I forgot which country uses them.
  • roadrunnerroadrunner Posts: 28,303 ✭✭✭✭✭
    They couldn't even convince J6P that they were made of real gold.

    roadrunner
    Barbarous Relic No More, LSCC -GoldSeek--shadow stats--SafeHaven--321gold
  • SpoolySpooly Posts: 2,108 ✭✭✭
    you mean..... crappy clad dollar coins

    Si vis pacem, para bellum

    In God We Trust.... all others pay in Gold and Silver!
  • PerryHallPerryHall Posts: 46,285 ✭✭✭✭✭


    << <i>Don't they use them alot in Puerto Rico or somewhere in South America. I forgot which country uses them. >>



    Ecuador is where they are used. Puerto Rico is a U.S. territory and they use the same money we use. Also, they are U.S. citizens and are free to enter the continental U.S. whenever they please.

    Worry is the interest you pay on a debt you may not owe.
    "Paper money eventually returns to its intrinsic value---zero."----Voltaire
    "Everything you say should be true, but not everything true should be said."----Voltaire

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