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<p>[QUOTE=&quot;krispy, post: 1409697, member: 19065&quot;]I&#039;m not sure what this article has to do with Paper Money or why this thread was put in this forum because nothing in the article indicated the <i>paper </i>they are talking about was linked to elimination of nor a forthcoming reduction in printed <i>paper currency</i>. Particularly with the dollar coin program on-hold/cancelled, the need (demand) for paper currency, particularly $1 notes remains high. There are more $1 notes printed than anything else. Now with rising costs, higher denomination notes are also getting more use as ATMs are starting to spit out $50s and $100s more often. </p><p><br /></p><p><i>E</i><i>ncouraging electronic communication</i> is the same thing as supporting and continuing to encourage the Paperwork Reduction Act of 1980. With the advent of electronic tax filing since then, and more households able to do so securely, of course it makes sense to have people filing electronically. There are far fewer stacks of tax forms available in Post Offices than there used to be because of such paper reduction efforts. The various budget plans and other documents printed and bound in enormouse quantities by the WH and Congress also ought to go digital rather than printing so many paper copies for electred officials, staffers, journalist and the public. </p><p><br /></p><p>Last time I checked the portraits on my notes didn&#039;t talk to me the way paper forms are used to <i>communicate</i> to various departments of government. Of all the paper likely to be cut back on, currency paper will be one of the last to be threatened in such reduction efforts so long as the currency remains secure (from counterfeiting) and in demand. The demand for US currency goes beyond domestic needs. US currency has global demand fulfilling its role as a reserve currency. </p><p><br /></p><p>I don&#039;t even have concerns over whether the US will convert to polymer notes from paper currency. I would welcome and collect polymer notes, but when looking at cost savings to fo with a polymer printing switch-over and education program to initiate the public into using them would defeat cost savings.</p><p><br /></p><p>The glimpse of the future I perceive is that paper currency will be here for many, many more years to come. Of course change is inevitable but as we know with bureaucracy, change tends to come about gradually.</p><p><br /></p><p>Even if small denomination coins are eliminated in the near future, I&#039;m sure our English language will continue to hold onto popular phrases like, &quot;Don&#039;t nickel and dime me.&quot; or &quot;That&#039;s my two cents.&quot;</p><p><br /></p><p>This is after all, my2¢ on this thread and the WSJ blog article. :smile[/QUOTE]</p><p><br /></p>

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