Thursday, September 16, 2010

Redesigning The Dollar?

An interesting random link from Huffington Post lead me here and I have to admit, the concept of re-designing our currency is an interesting one. The argument that in a recession a re-branding of the American economy could provide a vital sense of fresh energy to the economy is intriguing and quite possibly a correct one. After all, how many times do we see businesses changing their looks or restaurants adding or subtracting unpopular items. Retooling and refreshing are important to do from time to time and like so many of our governmental institutions, the dollar hasn't been reworked since the 1930s.

Maybe it's time for a fresh look? I don't know- I have a feeling that if a serious effort were made, it would run into what every attempt to push a dollar coin has run into for what seems like decades now: people just don't want to give up their dollar bills. The obvious thing to do would be to merely stop printing dollar bills and go with coins, rather than wasting time and money making the damn things that we hardly ever see and a lot of vending machines don't even take.

I don't know. But in economic times like these, any ideas have to be considered and I have to think that any and every little thing might just help. Has to be a better idea that spending billions of more dollars than we don't have anyway.

For the record: coolest money I've ever seen- hands down, it was Swiss money. Colorful and sexy as hell.

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