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Talk of getting rid of the paper dollar in lieu of the dollar coin
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<p>[QUOTE="19Lyds, post: 955824, member: 15929"]The paper industry? That's a fairly naive statement as paper for US Currency has been supplied by one company since 1879. Crane & Company out of Dalton Massachussetts. Some say Senator Kennedy had a lot to do with keeping paper money around but I simply do not buy that.</p><p> </p><p>The biggest challenge facing the country with regards to eliminating the one dollar bill is "how" others (citizens, countries) view the act. Folks simply do not like things to change and multiple generations of families have used the dollar bill as the basic unit of exchange in this country. Elimitating that will spark a firestorm of "conspiracy theories" which the politic contingent may not be too eager to jump into.</p><p> </p><p>Sure, it would make economic sense to make this change but the change itself would spark other "required" changes in how people handle daily financial transactions.</p><p> </p><p>Change is Good! (Until you HAVE to CHANGE!)[/QUOTE]</p><p><br /></p>
[QUOTE="19Lyds, post: 955824, member: 15929"]The paper industry? That's a fairly naive statement as paper for US Currency has been supplied by one company since 1879. Crane & Company out of Dalton Massachussetts. Some say Senator Kennedy had a lot to do with keeping paper money around but I simply do not buy that. The biggest challenge facing the country with regards to eliminating the one dollar bill is "how" others (citizens, countries) view the act. Folks simply do not like things to change and multiple generations of families have used the dollar bill as the basic unit of exchange in this country. Elimitating that will spark a firestorm of "conspiracy theories" which the politic contingent may not be too eager to jump into. Sure, it would make economic sense to make this change but the change itself would spark other "required" changes in how people handle daily financial transactions. Change is Good! (Until you HAVE to CHANGE!)[/QUOTE]
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