Finally, a use for those pesky Dollar coins.

Post/Author/DateTimePost
#1

homicidal_squirrel

Jul 14, 2011 17:50:59
finance.yahoo.com/banking-budgeting/arti...

Seriously.. Awesome.
#2

calronmoonflower

Jul 14, 2011 18:20:15
Another way that damn program wastes money.
#3

homicidal_squirrel

Jul 14, 2011 18:23:43
Shake your fist all you want. By the end of the year I'm taking a nice trip somewhere far from here
#4

homicidal_squirrel

Jul 14, 2011 18:31:24
Shake your fist all you want. By the end of the year I'm taking a nice trip somewhere far from here



Can yo udo the same research here to see if I can do the same thing?


I'm guessing that as long as you can order currency from the mint, you can pull this trick off. 
#5

KillerGM

Jul 14, 2011 18:38:53
Shake your fist all you want. By the end of the year I'm taking a nice trip somewhere far from here

**** yeah, me too!
#6

draco1119

Jul 14, 2011 21:27:01
It would cost the mint less money if it switch entirely to dollar coin (and maybe two dollar coins) since coins have a longuer life spend then low amount dollar bills (using them damages them).

I was reading an article about this and it was saying they were afraid to do this because Americans are too attached to the symbol that is their paper dollar bill.

Ironic considering that Americans usually want to reduce spendind.


Actually, if you'd read the article posted within the last week or two about the hundreds of millions of dollar coins sitting in cold storage, it doesn't start saving money until several years down the line (if at all, since that point is in contention).  In addition, since we Americans aren't such big fans of coins, it would drive plastic use up, thereby making for more coins in circulation than necessary, and around we go again.
#7

lokiare

Jul 14, 2011 21:51:28
Hmmm... I wonder if something like this could be used to screw the global banks over?
#8

LFK

Jul 15, 2011 10:10:38
One dollar bills ruin my day. Nothing sucks more than opening your wallet to see a bunch of bills, only to realize you don't even have enough to buy a Teen Burger Combo. In my mind that's the bill/coin threshold: can I hand the bill over to pay for a burger?
#9

Cpt_Micha

Jul 15, 2011 10:14:29
Heh, LFK that's partly why I never try to carry cash anymore.