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Should the cent be kept?
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<p>[QUOTE="ratio411, post: 1271468, member: 26729"]My personal reasons for wanting to keep coinage, all of which is pretty much outmoded, are rooted in numismatics rather than economics as well.</p><p><br /></p><p>As for the silver content in higher face coinage, that won't happen in a FIAT system, which is the root cause of our inflationary woes. You can't go from a system of money as wealth, to money as debt, and expect good things to happen.[/QUOTE]</p><p><br /></p>
[QUOTE="ratio411, post: 1271468, member: 26729"]My personal reasons for wanting to keep coinage, all of which is pretty much outmoded, are rooted in numismatics rather than economics as well. As for the silver content in higher face coinage, that won't happen in a FIAT system, which is the root cause of our inflationary woes. You can't go from a system of money as wealth, to money as debt, and expect good things to happen.[/QUOTE]
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Should the cent be kept?
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