US Dollar
Here's an example of how a little thing, like having one dollar coins instead of notes, can save a government big bucks:
The US Mint is planning to reintroduce dollar coins in another attempt to get Americans to give up the dollar note
The changeover to coins could save the Treasury an estimated $500m (£260m) a year because they last up to 40 years, compared with just 18 months for notes.
But officials say there are no plans to completely eliminate paper dollars.
How do they use vending machines in America?
I've heard Americans complain how heavy their wallets get when they visit Canada, who affectionately refer to their one dollar coin as a "loonie" - true story. The canucks with their truly heavier wallets will have the last laugh.
The US Mint is planning to reintroduce dollar coins in another attempt to get Americans to give up the dollar note
The changeover to coins could save the Treasury an estimated $500m (£260m) a year because they last up to 40 years, compared with just 18 months for notes.
But officials say there are no plans to completely eliminate paper dollars.
How do they use vending machines in America?
I've heard Americans complain how heavy their wallets get when they visit Canada, who affectionately refer to their one dollar coin as a "loonie" - true story. The canucks with their truly heavier wallets will have the last laugh.
posted by Engels at 1:34 pm
2 Comments:
Alternative: Switch all their notes to polymer.
Then you get long-lasting currency that doesn't weigh lots.
And then they would have to pay us the royalties for the tecnhology, I imagine.
Though if countries like Vietnam and Mexico can afford to do it.
Post a Comment
<< Home