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UPDATE: What I heard from the Vending Industry
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<p>[QUOTE="Drago the Wolf, post: 1360463, member: 22476"]Thats what I thought. But I thought maybe Numbers saw something I did not.</p><p><br /></p><p><br /></p><p><br /></p><p><br /></p><p>For every fiscal year, the small business and vending lobbyists try to block the redesign of the $1 bill (and for over a decade, have had success) by having Congress and lobbyists put wording in the Treasury Appropreations Bill, which always seems to pass, because they claim it would cost these businesses around $500 Million Dollars to reprogram every dollar bill reader that "can" be reprogrammed, while those that are too old to be reprogrammed, must just be scrapped. I don't see what the big deal is, though, seeing as the $5 bill was redesigned twice, and the vending and small business industry had no problems with those bills. Although I DID read somewhere that the vending industry was not happy with the second redesign of the $5 bill, and somewhere it was stated that, the current purple $5 bill would be the LAST redesign of the $5 bill, however, when I talked to the BEP, they said that they had never heard that the $5 bill would never be redesigned again, so I'm guessing that was just a rumor. It doesn't matter now if it was a rumor or not, because of the court ruling for the next currency redesign stating that ALL denominations, including the $5 bill (and hopefully, the $2 bill) except for the $1 bill, for the reasons stated above.</p><p><br /></p><p>But because of the fact that language is always passed to prohibit the redesign of the $1 bill, I do wonder if there are some people in Congress or the Treasury that have interest in redesigning the $1 bill. But they have not redesigned the $2 bill yet, and there is NOTHING to my knowledge, blocking them from redesigning the $2 bill, so, why would they redesign the $1 bill, even if they were premitted to? Maybe because the $1 bill circulates a lot more than the $2 bill? (If so, still a stupid reason not to redesign the $2 bill, just as the reasons for not redesigning the $1 bill are stupid)[/QUOTE]</p><p><br /></p>
[QUOTE="Drago the Wolf, post: 1360463, member: 22476"]Thats what I thought. But I thought maybe Numbers saw something I did not. For every fiscal year, the small business and vending lobbyists try to block the redesign of the $1 bill (and for over a decade, have had success) by having Congress and lobbyists put wording in the Treasury Appropreations Bill, which always seems to pass, because they claim it would cost these businesses around $500 Million Dollars to reprogram every dollar bill reader that "can" be reprogrammed, while those that are too old to be reprogrammed, must just be scrapped. I don't see what the big deal is, though, seeing as the $5 bill was redesigned twice, and the vending and small business industry had no problems with those bills. Although I DID read somewhere that the vending industry was not happy with the second redesign of the $5 bill, and somewhere it was stated that, the current purple $5 bill would be the LAST redesign of the $5 bill, however, when I talked to the BEP, they said that they had never heard that the $5 bill would never be redesigned again, so I'm guessing that was just a rumor. It doesn't matter now if it was a rumor or not, because of the court ruling for the next currency redesign stating that ALL denominations, including the $5 bill (and hopefully, the $2 bill) except for the $1 bill, for the reasons stated above. But because of the fact that language is always passed to prohibit the redesign of the $1 bill, I do wonder if there are some people in Congress or the Treasury that have interest in redesigning the $1 bill. But they have not redesigned the $2 bill yet, and there is NOTHING to my knowledge, blocking them from redesigning the $2 bill, so, why would they redesign the $1 bill, even if they were premitted to? Maybe because the $1 bill circulates a lot more than the $2 bill? (If so, still a stupid reason not to redesign the $2 bill, just as the reasons for not redesigning the $1 bill are stupid)[/QUOTE]
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