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<p>[QUOTE="Paddy54, post: 818893, member: 19250"]As my late father worked for the federal reserve bank ...I can tell you it is a fact that there are thousands of tons of dollar coins in storage. And has been for as many years that he worked for the bank which was 47 years retiring in 1974 .....and still is today as congress and law makers still produce coins that "We The People " refuse to use! Waste and more waste...Ya know Canada has not printed any paper dollars in years and must use dollar coins. Now in Ecuador they use SAC's dollars for two reasons one is the sac image looks like the people of this country,and that paper money rots in tropical climate! Plus the fact they need not spend money to print money a win /win for them...This reminds me being in the perishable food business for over 40 years a time when our goverment who subsidized dairy products IE milk / cheese well back in the late 70's early 80's the U.S. goverment gave away blocks of American cheese to the poor of this country ....not because they wanted to help the poor ...but because it cost more to store it then to give it away! DUH! So if this goverment was smart they use what they have in storage of coined dollars and stop printing bills as Canada did..... However we just beat Canada in Hockey so we got that going for US! :hammer:[/QUOTE]</p><p><br /></p>
[QUOTE="Paddy54, post: 818893, member: 19250"]As my late father worked for the federal reserve bank ...I can tell you it is a fact that there are thousands of tons of dollar coins in storage. And has been for as many years that he worked for the bank which was 47 years retiring in 1974 .....and still is today as congress and law makers still produce coins that "We The People " refuse to use! Waste and more waste...Ya know Canada has not printed any paper dollars in years and must use dollar coins. Now in Ecuador they use SAC's dollars for two reasons one is the sac image looks like the people of this country,and that paper money rots in tropical climate! Plus the fact they need not spend money to print money a win /win for them...This reminds me being in the perishable food business for over 40 years a time when our goverment who subsidized dairy products IE milk / cheese well back in the late 70's early 80's the U.S. goverment gave away blocks of American cheese to the poor of this country ....not because they wanted to help the poor ...but because it cost more to store it then to give it away! DUH! So if this goverment was smart they use what they have in storage of coined dollars and stop printing bills as Canada did..... However we just beat Canada in Hockey so we got that going for US! :hammer:[/QUOTE]
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