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<p>[QUOTE="ErolGarip, post: 2839375, member: 88736"]Only 9? If I were a book author, I'd have written 999999... books just on that one coin. </p><p><br /></p><p>"Garip" in my nickname here means "Strange." There are a lot of strange things, probably everybody see such things, but, they may not just express systematically. With one cent, eg in the US, things can be seen systematically clearly. </p><p><br /></p><p>For example, people may not interpreate those figures in millions billions trillions etc as most of them have had never such figures. If I express, for ex, 436 million kg (total weight of coins issued from, say, 1980s to 2009) in another word, as trucks, it is about 20,000 trucks. Ok, lets say it is only trailer, which has a length, 12 m, or 40 ft, 20,000 trailers, full of coins. If we put these trailers side by side on a road without distance between them, it'll be 240 km, that's 150 miles. If we mount trucks to trailers, it will be around 300km, that's, around 200 miles. And, think that more than 19,000 trailers of total 20,000 trailers are full with 1cent coins only... So much effort!.... </p><p><br /></p><p>And all these efforts for average coin value 15 cents... a balance point where people gather around. </p><p><br /></p><p>Ok, the data on the chart is as of 2009, say, the data from 1980 to 2009. With some more inflation, as of 2017, maybe, average coin value has increased from 15 cents to 16 cents in 8 years since 2009... This "16cents average coin" means that you can throw all coins away and you can issue only one coin worth of 16cents. Of course, this may not be a solution, but, you can see the stiuation of economy that's dancing around 16 cents today. </p><p><br /></p><p>Today, everybody uses coins? Yes. Whoever enters a shop to buy anything, even if she/he carries only paper money, she/he has to take some coin back. So, in a place where everybody uses coins, that 19,000 trucks of 1cent coins of total 20,000 trucks of all coins are going into the garbage means strange/absurd/somethings wrong... </p><p><br /></p><p>Solution: simple. For ex, in the US, total population (except babies and very olds) who can use money is 250 million. With some more extra for tolerance, total 300 million 1cent coin is sufficient... That corresponds to around 40 trucks of 1cent coins only instead of 19,000 trucks... Less than this 300 million/40 trucks of 1cent coins is under-engineering, more than this is over-engineering and what we are living in reality is over-over-over-over-over---over-engineering, that's hurting everybody... Like engineering, economy field too is an "approximation" anyway. Approximation is in the money itself (you can see approximation in cutting/rounding last two digits of calculated figures, eg, from $1,7823 ..to $1,78). What is being done within this approximation? It is that 1cent is fixed, exact, a constant after approximation. So, since it is constant of money it is unnecessary to circulate it... Always just keep at least one 1cent in the pocket, that's all to be done. So simple. The rest, economy by other coins/etc will stay as approximations as economy itself is approximation, in daily life saying, approximation in economy is negotiation, not constant, variables.[/QUOTE]</p><p><br /></p>
[QUOTE="ErolGarip, post: 2839375, member: 88736"]Only 9? If I were a book author, I'd have written 999999... books just on that one coin. "Garip" in my nickname here means "Strange." There are a lot of strange things, probably everybody see such things, but, they may not just express systematically. With one cent, eg in the US, things can be seen systematically clearly. For example, people may not interpreate those figures in millions billions trillions etc as most of them have had never such figures. If I express, for ex, 436 million kg (total weight of coins issued from, say, 1980s to 2009) in another word, as trucks, it is about 20,000 trucks. Ok, lets say it is only trailer, which has a length, 12 m, or 40 ft, 20,000 trailers, full of coins. If we put these trailers side by side on a road without distance between them, it'll be 240 km, that's 150 miles. If we mount trucks to trailers, it will be around 300km, that's, around 200 miles. And, think that more than 19,000 trailers of total 20,000 trailers are full with 1cent coins only... So much effort!.... And all these efforts for average coin value 15 cents... a balance point where people gather around. Ok, the data on the chart is as of 2009, say, the data from 1980 to 2009. With some more inflation, as of 2017, maybe, average coin value has increased from 15 cents to 16 cents in 8 years since 2009... This "16cents average coin" means that you can throw all coins away and you can issue only one coin worth of 16cents. Of course, this may not be a solution, but, you can see the stiuation of economy that's dancing around 16 cents today. Today, everybody uses coins? Yes. Whoever enters a shop to buy anything, even if she/he carries only paper money, she/he has to take some coin back. So, in a place where everybody uses coins, that 19,000 trucks of 1cent coins of total 20,000 trucks of all coins are going into the garbage means strange/absurd/somethings wrong... Solution: simple. For ex, in the US, total population (except babies and very olds) who can use money is 250 million. With some more extra for tolerance, total 300 million 1cent coin is sufficient... That corresponds to around 40 trucks of 1cent coins only instead of 19,000 trucks... Less than this 300 million/40 trucks of 1cent coins is under-engineering, more than this is over-engineering and what we are living in reality is over-over-over-over-over---over-engineering, that's hurting everybody... Like engineering, economy field too is an "approximation" anyway. Approximation is in the money itself (you can see approximation in cutting/rounding last two digits of calculated figures, eg, from $1,7823 ..to $1,78). What is being done within this approximation? It is that 1cent is fixed, exact, a constant after approximation. So, since it is constant of money it is unnecessary to circulate it... Always just keep at least one 1cent in the pocket, that's all to be done. So simple. The rest, economy by other coins/etc will stay as approximations as economy itself is approximation, in daily life saying, approximation in economy is negotiation, not constant, variables.[/QUOTE]
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