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<p>[QUOTE="NOS, post: 1396107, member: 2098"]Fred, please go back to your above message, click edit and increase the font size. It is so small that I had to increase my screen resolution just to be able to comfortably read what you stated. Excelsior/Numbers is the foremost economist and expert on currency. I take what he says above what most others have to say about the subject. This right here gives him alot more credibility than you or most anyone else. He has addressed what you have said about how currency will be nothing but rags with the new equipment. It is blatantly false and you fail to acknowledge his comments on the matter. The new equipment wont just reissue worn out raggedy notes, it has reduced the rate at which good notes are rejected by improved screening methods. In the past, notes that were not faced were rejected, notes that had a fold were rejected, etc. The machines are much more efficient at processing and scanning currency now than in the past. I have gone through alot of FRB straps this year and I feel the notes are in point of fact better condition than what I used to find in FRB straps from a few years ago.</p><p><br /></p><p>I wonder how much businesses really want dollar coins like you suggest when they have to pay transportation costs to have boxes of coins delivered or ordered at banks. Like I said, coins are heavy. If you were involved in the transportation of coins and currency which would cost more in fuel? A $1,000 box of dollar coins or a $1,000 bag of 10 straps of $1 notes? I would like an honest yes/no answer on these two questions either from you or another dollar-coin only proponent.[/QUOTE]</p><p><br /></p>
[QUOTE="NOS, post: 1396107, member: 2098"]Fred, please go back to your above message, click edit and increase the font size. It is so small that I had to increase my screen resolution just to be able to comfortably read what you stated. Excelsior/Numbers is the foremost economist and expert on currency. I take what he says above what most others have to say about the subject. This right here gives him alot more credibility than you or most anyone else. He has addressed what you have said about how currency will be nothing but rags with the new equipment. It is blatantly false and you fail to acknowledge his comments on the matter. The new equipment wont just reissue worn out raggedy notes, it has reduced the rate at which good notes are rejected by improved screening methods. In the past, notes that were not faced were rejected, notes that had a fold were rejected, etc. The machines are much more efficient at processing and scanning currency now than in the past. I have gone through alot of FRB straps this year and I feel the notes are in point of fact better condition than what I used to find in FRB straps from a few years ago. I wonder how much businesses really want dollar coins like you suggest when they have to pay transportation costs to have boxes of coins delivered or ordered at banks. Like I said, coins are heavy. If you were involved in the transportation of coins and currency which would cost more in fuel? A $1,000 box of dollar coins or a $1,000 bag of 10 straps of $1 notes? I would like an honest yes/no answer on these two questions either from you or another dollar-coin only proponent.[/QUOTE]
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