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<p>[QUOTE="Daniel M. Ryan, post: 1271609, member: 32253"]Allow me to present an idea I read elsewhere, somewhat adapted:</p><p><br /></p><p>Admit that inflation has ravaged the currency, and insitute this reform:</p><p><br /></p><p>1. Eliminate the penny and the nickel. Make it legal to melt them down so as to facilitate the process of getting rid of them. After doing so, there'd be size-value congruity. The original reason for the dime being smaller than the nickel - silver in the former - is long, long gone.</p><p>2. Eliminate all bill lower than the 10. Introduce $1, $2 and $5 coins.</p><p><br /></p><p><br /></p><p>The trouble with this idea is, the $1 coin is pretty large. Canada solved that problem by making the $2 only slightly larger than the $1, but any $5 coin would be close to the size of the old nickel dollar. So this idea may be impracticable unless the quarter is shrunk (which would make for a lot of inconvenience and hassles for vendoing-machine operators.) In Canada, not many people used the half and the nickel dollar even when they were still thought of as circulating coins. I think it's because they were too bulky.[/QUOTE]</p><p><br /></p>
[QUOTE="Daniel M. Ryan, post: 1271609, member: 32253"]Allow me to present an idea I read elsewhere, somewhat adapted: Admit that inflation has ravaged the currency, and insitute this reform: 1. Eliminate the penny and the nickel. Make it legal to melt them down so as to facilitate the process of getting rid of them. After doing so, there'd be size-value congruity. The original reason for the dime being smaller than the nickel - silver in the former - is long, long gone. 2. Eliminate all bill lower than the 10. Introduce $1, $2 and $5 coins. The trouble with this idea is, the $1 coin is pretty large. Canada solved that problem by making the $2 only slightly larger than the $1, but any $5 coin would be close to the size of the old nickel dollar. So this idea may be impracticable unless the quarter is shrunk (which would make for a lot of inconvenience and hassles for vendoing-machine operators.) In Canada, not many people used the half and the nickel dollar even when they were still thought of as circulating coins. I think it's because they were too bulky.[/QUOTE]
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