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<p>[QUOTE=&quot;miedbe7, post: 1913584, member: 33919&quot;]Hey everyone.&nbsp; I&#039;ve been gone for a while while taking a break from collecting.&nbsp; I saw this proposal on coinage though and just had to post it for you CoinTalkers.&nbsp; Will post coin collecting updates when I restart said collecting.&nbsp; Hope everyone is doing well out there!</p><p><br /></p><p>The full article is <a href="http://theweek.com/article/index/260610/a-radical-proposal-to-make-coins-useful-again" target="_blank" class="externalLink ProxyLink" data-proxy-href="http://theweek.com/article/index/260610/a-radical-proposal-to-make-coins-useful-again" rel="nofollow">here</a> from the Week.</p><p><br /></p><p>A couple of excerpts for those interested:</p><p><br /></p><p><b>A radical proposal to make coins useful again</b></p><p><i>Forget ditching the penny: Let&#039;s multiply every coin value by 10</i></p><p><br /></p><p>&quot;Here&#039;s my solution: multiply the face value of every U.S. coin by 10. A penny will be worth 10 cents, a nickel 50 cents, a dime one dollar, a quarter $2.50, and a dollar coin 10 bucks. (We could also reinvent the half-dollar, which is barely produced now, as a nice $5 coin.)&quot;</p><p><br /></p><p>&quot;Now, this wouldn&#039;t be exactly fair, since coin-hoarders would get the biggest benefit, but distributionally it would be practically saintly compared to, say, quantitative easing. Some people will make out like bandits, to be sure, but I doubt they would be owners of large asset portfolios.&quot;</p><p><br /></p><p>PS - Cool forum changes!![/QUOTE]</p><p><br /></p>

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