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Opinion/Editorial - United States Coinage Needs Overhaul Now!!!
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<p>[QUOTE="Moen1305, post: 1744207, member: 2544"]While Mike makes some very good points, he just doesn’t go far enough. If you really want to make fiscal sense, and I know this is utter numismatic blasphemy, we should eliminate coins completely and deal only in credits. Coins are actually obsolete and the only reason we use them anymore is because of tradition. Getting rid of coins would cause a few important things to change (no pun intended). Banking costs would plummet, cash registers would be unnecessary, armored cars would become armored sub-compacts, copper, nickel, silver, zinc etc. would be better used in computer hardware, and thousands more positive changes would save this country billions annually. </p><p><br /></p><p>Now coin collectors would tar and feather the guy that suggests such a move and I would most likely brake out my torch and join them, but the coin has outlived its usefulness and has no real value anyway. The only reason it has value is because we say it does just like the almighty greenback. Since we are only fooling ourselves, why not move to a credit based economy and eliminate the lie of the value of our coins and currency? What's that on the horizon? It seems to be the glow of torches coming this way. :help!A:[/QUOTE]</p><p><br /></p>
[QUOTE="Moen1305, post: 1744207, member: 2544"]While Mike makes some very good points, he just doesn’t go far enough. If you really want to make fiscal sense, and I know this is utter numismatic blasphemy, we should eliminate coins completely and deal only in credits. Coins are actually obsolete and the only reason we use them anymore is because of tradition. Getting rid of coins would cause a few important things to change (no pun intended). Banking costs would plummet, cash registers would be unnecessary, armored cars would become armored sub-compacts, copper, nickel, silver, zinc etc. would be better used in computer hardware, and thousands more positive changes would save this country billions annually. Now coin collectors would tar and feather the guy that suggests such a move and I would most likely brake out my torch and join them, but the coin has outlived its usefulness and has no real value anyway. The only reason it has value is because we say it does just like the almighty greenback. Since we are only fooling ourselves, why not move to a credit based economy and eliminate the lie of the value of our coins and currency? What's that on the horizon? It seems to be the glow of torches coming this way. :help!A:[/QUOTE]
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