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<p>[QUOTE="andyscouse, post: 992318, member: 27100"]Here's an interesting quote from this <a href="http://www.aolnews.com/surge-desk/article/how-the-worst-president-ever-ended-up-on-a-controverisal-new-coi/19600985" target="_blank" class="externalLink ProxyLink" data-proxy-href="http://www.aolnews.com/surge-desk/article/how-the-worst-president-ever-ended-up-on-a-controverisal-new-coi/19600985" rel="nofollow">news article of Aug 2010</a>:</p><p> </p><p><span style="color: blue">If more coin collectors start avidly pursuing the presidential coins, it could have the effect of </span><a href="http://www.politico.com/news/stories/0810/40844.html" target="_blank" class="externalLink ProxyLink" data-proxy-href="http://www.politico.com/news/stories/0810/40844.html" rel="nofollow"><span style="color: blue">pushing down the national debt</span></a><span style="color: blue">, thanks to the way the value of the coins fluctuates with their availability. And if the dollar coins were to catch on and replace paper $1 bills entirely, it could save the country </span><a href="http://economictimes.indiatimes.com/articleshow/6292901.cms" target="_blank" class="externalLink ProxyLink" data-proxy-href="http://economictimes.indiatimes.com/articleshow/6292901.cms" rel="nofollow"><span style="color: blue">between $500 and $700 million each year</span></a><span style="color: blue"> in printing costs.</span></p><p><span style="color: blue"><br /></span></p><p><span style="color: blue"><span style="color: black">with a link to some info on seignorage:</span></span></p><p><br /></p><p><span style="color: blue"><a href="http://www.politico.com/news/stories/0810/40844.html" target="_blank" class="externalLink ProxyLink" data-proxy-href="http://www.politico.com/news/stories/0810/40844.html" rel="nofollow">http://www.politico.com/news/stories/0810/40844.html</a></span></p><p><span style="color: blue"></span>[/QUOTE]</p><p><br /></p>
[QUOTE="andyscouse, post: 992318, member: 27100"]Here's an interesting quote from this [URL="http://www.aolnews.com/surge-desk/article/how-the-worst-president-ever-ended-up-on-a-controverisal-new-coi/19600985"]news article of Aug 2010[/URL]: [COLOR=blue]If more coin collectors start avidly pursuing the presidential coins, it could have the effect of [/COLOR][URL="http://www.politico.com/news/stories/0810/40844.html"][COLOR=blue]pushing down the national debt[/COLOR][/URL][COLOR=blue], thanks to the way the value of the coins fluctuates with their availability. And if the dollar coins were to catch on and replace paper $1 bills entirely, it could save the country [/COLOR][URL="http://economictimes.indiatimes.com/articleshow/6292901.cms"][COLOR=blue]between $500 and $700 million each year[/COLOR][/URL][COLOR=blue] in printing costs. [/COLOR][COLOR=blue][/COLOR] [COLOR=blue][COLOR=black]with a link to some info on seignorage:[/COLOR][/COLOR] [COLOR=blue][COLOR=#000000][/COLOR][/COLOR] [COLOR=blue][URL]http://www.politico.com/news/stories/0810/40844.html[/URL] [/COLOR][/QUOTE]
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Redesigned $1 Bill, or Replacement with Dollar Coin?
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