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<p>[QUOTE=&quot;Conder101, post: 956938, member: 66&quot;]And people who think that are wrong.&nbsp; The BEP prints about 9 billion dollar bills a year.&nbsp; This is why the naysayers believe it would take years of coin production.&nbsp; The thing is between 50 to 75% of all of the dollar bills printed each year are to replace worn out notes.&nbsp; So while they are printing 9 billion thare are only about 5 to 6 billion in actual circulation at any time.&nbsp; We have already produced some 2.5 billion small dollars that won&#039;t wear out for thirty years.&nbsp; It would only take about two more years to produce enough dollar coins to replace the actual number of circulating dollar notes.&nbsp; At which point production would drop considerably.</p><p><br /></p><p>It also fails o take into account that when the dollar note is discontinued, the production of the two dollar note would be ramped up.&nbsp; This would also replace a lot of those dollar notes.&nbsp; Possibly enough that only one more year of heavy production of dollar coins would be sufficient.&nbsp;&nbsp; Remember right now most every transaction requires from one to four dollar bills.&nbsp; With the dollar coin and two dollar notes you never need more than one dollar coin per transaction. and never more than two notes.&nbsp; So if they stopped the ones, I think the countries coin and currency supply would be satisfactory within one year. And then production would decline even further.</p><p><br /></p><p>So drop the one, get people used to the dollar coin and the Two, then in a few years we can look at dropping the two for a two dollar coin which will save even more on production costs.&nbsp; Once again thei is how every other country has done it and it worked everywhere else.[/QUOTE]</p><p><br /></p>

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