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Should the US make pennies from plastic?
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<p>[QUOTE="CopperKing559, post: 1328660, member: 34940"]I used to work in an injection molding facility making water drip irrigation systems. The 10 machines were popping out over half a million drippers each, per week, and that's with 2 people running and maintaining the machines. If the Mint were to begin such a process, they would have a few more than 10 molds running, and a few more than 2 employees running them. A proper set-up of machines on a U.S. Mint budget could easily surpass that number, yearly. Not to mention the nearly, non-existent maintenance costs. Hot, melted plastic doesn't do a whole lot of damage against aluminum molds. Most of the recycled/scrap plastic from the U.S. goes to and comes from the middle east, all the way to India. Not to mention the costs of melting metals v.s. melting plastic with an auger. 3 or 4 properly trained mold technicians can probably take care of the whole plant. The way they're getting around the technological costs is to wait for the private sector to figure out all the bugs. :thumb:</p><p><br /></p><p>The biggest problem I see with this idea is the deminishing value of our dollar. Not only is our dollar going down in market terms, but, as we've all heard, it's not even worth the paper it's printed on! Not only are they getting rid of the actual vs percieved value, they're removing incentive to physically store your money. Who is going to put away a milk jug of ******* plastic cents!? On the other hand, copper has had known value for over 8,000 years.</p><p><br /></p><p>Hmmm, do y'all want your value in copper/nickel/silver/gold/platinum, or plastic and bank accounts?</p><p><br /></p><p><br /></p><p>On a side note;</p><p>Does anyone think the push for plastic money is partially due to diminishing relations with China, and a much larger issue of Europe/Canada taking control of mining in South America, as well as our tattered relationship with the oil-bearers? For those who don't know, most plastics come from oil.[/QUOTE]</p><p><br /></p>
[QUOTE="CopperKing559, post: 1328660, member: 34940"]I used to work in an injection molding facility making water drip irrigation systems. The 10 machines were popping out over half a million drippers each, per week, and that's with 2 people running and maintaining the machines. If the Mint were to begin such a process, they would have a few more than 10 molds running, and a few more than 2 employees running them. A proper set-up of machines on a U.S. Mint budget could easily surpass that number, yearly. Not to mention the nearly, non-existent maintenance costs. Hot, melted plastic doesn't do a whole lot of damage against aluminum molds. Most of the recycled/scrap plastic from the U.S. goes to and comes from the middle east, all the way to India. Not to mention the costs of melting metals v.s. melting plastic with an auger. 3 or 4 properly trained mold technicians can probably take care of the whole plant. The way they're getting around the technological costs is to wait for the private sector to figure out all the bugs. :thumb: The biggest problem I see with this idea is the deminishing value of our dollar. Not only is our dollar going down in market terms, but, as we've all heard, it's not even worth the paper it's printed on! Not only are they getting rid of the actual vs percieved value, they're removing incentive to physically store your money. Who is going to put away a milk jug of ******* plastic cents!? On the other hand, copper has had known value for over 8,000 years. Hmmm, do y'all want your value in copper/nickel/silver/gold/platinum, or plastic and bank accounts? On a side note; Does anyone think the push for plastic money is partially due to diminishing relations with China, and a much larger issue of Europe/Canada taking control of mining in South America, as well as our tattered relationship with the oil-bearers? For those who don't know, most plastics come from oil.[/QUOTE]
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