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<p>[QUOTE=&quot;robp, post: 24902174, member: 96746&quot;]There&#039;s a very good case to be made for returning coins into the economy and for using cash in general. Obviously the rate of inflation reduces the stored value over time, but also important is the prevalent use of credit and debit cards. It doesn&#039;t matter what the currency is, but if you spend 100 whatevers on an item and pay cash, the recipient has 100 to spend. Pay on a card and the bank/card processor will skim off 1-3%. </p><p><br /></p><p>Extrapolating forward, within half a dozen transactions the system has extracted 20% of the original 100s value, whereas with cash transactions, the sixth person in line still has 100 to play with. i.e the banking system is in itself inflationary, as the various recipients will need to generate a certain income. To make that income, the options are either to increase prices to allow for costs, or sell a larger number of items at the same price. Usually the former is applied. So, it is in everyone&#039;s interest to use cash wherever possible. The banks do not need to be involved in face to face transactions, only remote payments.</p><p><br /></p><p>Collectors holding onto pots of cash are a red herring, as they only account for a small percentage of the population.[/QUOTE]</p><p><br /></p>

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