Tuesday, August 10, 2010

Why Do We Have Dollar Coins Again?

A pointed question (with attached article) from the BBC- I forgot that the US Mint is making the Presidential dollar coins (and I have yet to see one) but they are apparently piling up in vaults around the country and people are scratching their heads over why they can't seem to get them to be popular.

A few years back, I know the main problem was that vending machines wouldn't take them, but I think that's starting to change a bit and then there's this whole attachment to the dollar bill that this country has. Strippers everywhere (of both genders) depend on it- though it's worth noting that if we did take the dollar bill out of circulation, it would act as something of an economic stimulus for strippers, as I doubt the practice of putting dollar coins in g-strings would catch on, thus making a move to larger bills for your strippers more likely.

Either way: if dollar coins are to work, we need to stop printing dollar bills. And if we're not going to do that then making dollar coins is just a waste of time and money.

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