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Message:: [QUOTE="medoraman, post: 1915182, member: 26302"]The paper is flawed in many ways sir. It talks about how the public does not like coins as much as notes, duh. That is the experience of every country switching, but public opinion changes after a year or two. You talking about SBA or other dollars returning is ONLY because they refuse to abolish the dollar note. Otherwise, those would be used in commerce and eventually wind up in change jars around the country. Their big assumption is dollar coin usage would plummet and everyone would use debit cards instead. I find this hogwash, we would be identical to Canada and their experience, and they had nearly 100% conversion. The entire analysis of "replacement costs" of paper versus coins is flawed, since the coins, unlike the notes, are NOT a cost but a profit. Therefor the analysis is fundamentally set up for coins to fail on purpose. I will grant you maybe there is higher costs to businesses or banks to handle dollar coins versus bills, I am not sure. However, to the taxpayers, there is no doubt this would be a cost savings long term. Every other major country on earth has come to the same conclusion, and seen the same results when they switched, but somehow we are different, huh? <img src="styles/default/xenforo/clear.png" class="mceSmilieSprite mceSmilie1" alt=":)" unselectable="on" unselectable="on" /> It sounds more to me that the cotton lobby got a hold of the writers.[/QUOTE]