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Plans to end the dollar bill is being pushed
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<p>[QUOTE="Witty38, post: 1512116, member: 34290"]"The dollar coin costs 15 cents to produce and lasts 30 years; the dollar bill costs about 3 cents to produce and lasts 4.7 years, the GAO's Lorelei St. James said."</p><p><br /></p><p><b>This statement proves to me that this decision to abandon $1 bills makes sense.</b> Although I would refute the contention that the dollar coin ONLY last 30 years! Who says so?...I see coins all the time over 30 years old.</p><p><br /></p><p>C'mon, they've apparently got over $1 BILLION of these Golden Presidential coins sitting in a vault. What a waste!</p><p><br /></p><p>It's all politics. Heck, they'll be talking about this for another ten years. If they truely want to introduce the dollar coins, THEY WOULD STOP MAKING THE DOLLAR BILL! Simple. <p style="text-align: left"><span style="color: #000000"></span></p> <p style="text-align: left"><span style="color: #000000">Read more here: <a href="http://www.kansasc" target="_blank" class="externalLink ProxyLink" data-proxy-href="http://www.kansasc" rel="nofollow">http://www.kansasc</a></span></p> <p style="text-align: left"><span style="color: #000000">ity.com/2012/08/15/3763856/small-change-lawm"akers-push"-dollar.html#storylink=cpy</span></p><p>[/QUOTE]</p><p><br /></p>
[QUOTE="Witty38, post: 1512116, member: 34290"]"The dollar coin costs 15 cents to produce and lasts 30 years; the dollar bill costs about 3 cents to produce and lasts 4.7 years, the GAO's Lorelei St. James said." [B]This statement proves to me that this decision to abandon $1 bills makes sense.[/B] Although I would refute the contention that the dollar coin ONLY last 30 years! Who says so?...I see coins all the time over 30 years old. C'mon, they've apparently got over $1 BILLION of these Golden Presidential coins sitting in a vault. What a waste! It's all politics. Heck, they'll be talking about this for another ten years. If they truely want to introduce the dollar coins, THEY WOULD STOP MAKING THE DOLLAR BILL! Simple. [LEFT][COLOR=#000000] Read more here: [URL]http://www.kansasc[/URL] ity.com/2012/08/15/3763856/small-change-lawm"akers-push"-dollar.html#storylink=cpy[/COLOR][/LEFT][/QUOTE]
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