Has anyone else here seen or heard about this? I found it very interesting. It was posted on Where's George? http://dollarcoinalliance.org/ I emailed them, urging to advocate either a redesigned $2 bill, to give people a "paper" alternative (for a few years, at least) or advocate a new U.S. bimetallic $2 coin using Canada's $2 coin as the prototype. A $2 coin would be the best deal, because, I was told that all vending machines made for Canada come from the same company that makes U.S. vending machines, and Canadian vending machines take $2 coins I believe, which means that they can be made to take U.S. $2 coins as well. So, I say we kill the $1 and $2 bills and the cent, and have cash drawers set up 5c, 10c, 25c, $1, $2. (And maybe find a way to get the half back into circulation. Maybe set up the coin slots 5c, 10c, 25c, 50c, $1, and the $1 bill slot could keep the $2 coins in it, along with spare rolls of coins. I will be advocating for vendors to upgrade their machines to take halves if they ever do upgrade to take $2 coins because it would be like killing two birds with one stone) I really wish we could eliminate the nickel too, and replace the quarter with a 20 cent coin, but I think that might cost vendors too much, and you need the nickel to make change for a quarter. But drawers set up 10c, 20c, 50c, $1, $2 would be nice.
Well Drago, to get the ball rolling on any legislation like this, you are going to have to talk a whole lot louder than the lobbyists and corporate campaign contributors in Washington to get any attention at all. Don't get me wrong, I'd love to see these changes implemented. But lets face it, who's going to listen to a quiet, middle class auto mechanic from Wisconsin?
