Tuesday, May 26, 2009

Dollar Coins are Bad : A 'Conspiracy'?

Edgar, via email, said ...
“They should just get rid of the Dollar bill and replace it with the Dollar coin. The one Dollar bill wears out very quickly and it is actually very expensive to reprint every year. But the reason they haven't eliminated the Dollar bill is because the lobby for the paper they make Dollar bills from has pushed to keep the one Dollar bill in circulation. Around 2000, when the Sacagawea Dollar coin was released, there was going to be a commercial showing someone trying to use a Dollar bill at a vending machine and failing constantly while someone else just drops in a Dollar coin with great ease. However, the Dollar paper lobby nixed this idea by inserting a clause into the Congressional bill (that authorized the campaign) to make sure any advertising wouldn’t show the coin as ‘superior’ to the bill in any way.”

Posted via email from Dollar ReDe$ign Project

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