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<p>[QUOTE="NorthKorea, post: 1300747, member: 29643"]To address the points in issue:</p><p><br /></p><p>1) I didn't advocate for dropping the programs. I was merely responding to the comment about cutting out the dollar bill to save money versus cutting out SocSec/Medicare. Obviously, if you take quotes in context, they make more sense... rather than snipping only the second part.</p><p><br /></p><p>2) The reason to drop the nickel for a half-dime has to do with coin sizes. There's no logical reason for the nickel to be worth more than a quarter in metal content. The argument gets extended to the $1 coin. Having the dollar coin be basically the same size as a quarter, and having a nickel be larger than a dime... both make no sense.</p><p><br /></p><p>3) I've disagreed with Drago on this point in the past, I believe. So he will have to defend it himself.</p><p><br /></p><p>4) I don't understand the point of forced deflation, either. The logistics of currency redemption/reissue are too difficult to really deal with. I sometimes use the argument as a joke.</p><p><br /></p><p>5) Electronic transactions will be the norm only if that scenario is allowed to be. Given that the United States still holds broad claims rooted in the Bible, it's unlikely that the govt would go out of its way to push toward a cashless society. Also, just because we know the end game doesn't make the steps between now and then any less important.</p><p><br /></p><p>We know that at some point, Earth will become a desolate ball of dust and gas. Water will run-out, carbon chains will create super plants, etc. We know the planet ends at some point, so by your reasoning, all discussions about anything are missing the reality that money won't matter in any form.</p><p><br /></p><p>That fact doesn't make the discussion of coinage v banknotes any less important.[/QUOTE]</p><p><br /></p>
[QUOTE="NorthKorea, post: 1300747, member: 29643"]To address the points in issue: 1) I didn't advocate for dropping the programs. I was merely responding to the comment about cutting out the dollar bill to save money versus cutting out SocSec/Medicare. Obviously, if you take quotes in context, they make more sense... rather than snipping only the second part. 2) The reason to drop the nickel for a half-dime has to do with coin sizes. There's no logical reason for the nickel to be worth more than a quarter in metal content. The argument gets extended to the $1 coin. Having the dollar coin be basically the same size as a quarter, and having a nickel be larger than a dime... both make no sense. 3) I've disagreed with Drago on this point in the past, I believe. So he will have to defend it himself. 4) I don't understand the point of forced deflation, either. The logistics of currency redemption/reissue are too difficult to really deal with. I sometimes use the argument as a joke. 5) Electronic transactions will be the norm only if that scenario is allowed to be. Given that the United States still holds broad claims rooted in the Bible, it's unlikely that the govt would go out of its way to push toward a cashless society. Also, just because we know the end game doesn't make the steps between now and then any less important. We know that at some point, Earth will become a desolate ball of dust and gas. Water will run-out, carbon chains will create super plants, etc. We know the planet ends at some point, so by your reasoning, all discussions about anything are missing the reality that money won't matter in any form. That fact doesn't make the discussion of coinage v banknotes any less important.[/QUOTE]
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