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Simple in concept, difficult in execution. How would you recommend the transition between the two systems be handled?
by ethereal 14y ago
Simple in concept, difficult in execution. How would you recommend the transition between the two systems be handled?
- philwelch 14y agoStop minting pennies, nickels, and quarters; start minting 20 cent pieces and mint more 50 cent pieces; let the free market sort it out. I'm not being flippant, it would actually work, at least as far as not wasting money producing low-value coinage is concerned.
- blahedo 14y agoOr, just skip the 20 cent and let 10/50 be the only subdivisions. (Currently, we get by with 1/5 and no 2.) Frankly, if we're talking radical reform I'd rather keep the quarter and ditch the dime; even 10c seems too small to fiddle with most of the time, so 25c is the smallest denomination that seems worth bothering with. (Also, it's ubiquitous in mechanical coin-op devices like laundry machines, pool tables, etc.)
- jakejake 14y agoI actually wouldn't mind doing away with coins altogether and going with whole dollar amounts. I hate having to carry around change!