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<p>[QUOTE="mlmummert, post: 831828, member: 21178"]Ok so Mr. Harper announced that Canada is taking the polymer plunge. That caused me to ask myself if the US would ever do likewise. Then I started to ask myself what will be the state of US money in 10 years. So the cynical side of me says:</p><p><br /></p><p>1. The US government will spends millions of dollars on studies which all conclude that polymer banknotes are more secure and last much longer and make complete sense. However, those with interests in cloth paper for bills will hire lobbyists and Congress will stall any efforts to switch to polymer on the grounds that worthless paper fiat money is key to the cultural heritage of the US, democracy, etc.</p><p><br /></p><p>2. Because of security concerns, the paper US bills will be revised 5 times in the next decade. However, North Korea will successfully print $37 trillion worth of 2020 series notes before the design is even released to the public.</p><p><br /></p><p>3. If any polymer notes are made, they will only be available to collectors in sets for 5 times face value. The Fed will be banned from distributing them to banks because... "the American public will not accept plastic money". The polymer notes will be stored in a warehouse for 19 years before the idea is revisited.</p><p><br /></p><p>4. The US Mint will still be fretting over how to get the $1 coins to circulate. Yet the $1 bill will still be produced - in paper of course.</p><p><br /></p><p>5. Rising costs will cause the cent to be changed to a plastic disc painted brown to look like a cent. Congress will still be debating the merits of continuing to make cents.</p><p><br /></p><p>6. Even though a Happy Meal at McDonald's will cost $37, the cent will still be relevant because wages and social security benefits will still be the same as now - no increases.</p><p><br /></p><p>7. HSN will proclaim the 2020 will be the last year of satin finish coins for US mint sets. Even though the mint has a warehouse with a million uncirculated sets for sale for $150 each, you should still buy mint sets from HSN for $500 each because they will be rare and valuable someday.</p><p><br /></p><p>8. The National Parks Quarter program will be winding down. So the US Mint will be starting the new Highways to Hope Quarter Program. Every state, county and local road in America will get its own quarter. That means 52 new quarters every year for 200 years.</p><p><br /></p><p>9. The mint promises that a standard quarter design will return in the year 2220.</p><p><br /></p><p>10. The Highways to Hope quarters will each be accompanied by a one metric tonne gold bullion coin.</p><p><br /></p><p>11. Due to the continued, sustained demand for gold and silver bullion, proof American Eagle coins will still not be available.</p><p><br /></p><p>12. The US Mint computer system will suddenly process all of the "lost orders" for Lincoln Coin and Chronicle Sets back in 2009. Since there are none to send out anymore, the mint fulfillment center will send out ziploc baggies with 4 beat up old memorial cents rather than refund all the mistaken charges.</p><p><br /></p><p>13. I still will not have seen a 2009 cent in circulation anywhere.</p><p><br /></p><p>14. There will probably still be more wheat cents in circulation than shield cents.</p><p><br /></p><p>Any others?</p><p>:bow:</p><p><img src="styles/default/xenforo/clear.png" class="mceSmilieSprite mceSmilie104" alt=":yawn:" unselectable="on" unselectable="on" />[/QUOTE]</p><p><br /></p>
[QUOTE="mlmummert, post: 831828, member: 21178"]Ok so Mr. Harper announced that Canada is taking the polymer plunge. That caused me to ask myself if the US would ever do likewise. Then I started to ask myself what will be the state of US money in 10 years. So the cynical side of me says: 1. The US government will spends millions of dollars on studies which all conclude that polymer banknotes are more secure and last much longer and make complete sense. However, those with interests in cloth paper for bills will hire lobbyists and Congress will stall any efforts to switch to polymer on the grounds that worthless paper fiat money is key to the cultural heritage of the US, democracy, etc. 2. Because of security concerns, the paper US bills will be revised 5 times in the next decade. However, North Korea will successfully print $37 trillion worth of 2020 series notes before the design is even released to the public. 3. If any polymer notes are made, they will only be available to collectors in sets for 5 times face value. The Fed will be banned from distributing them to banks because... "the American public will not accept plastic money". The polymer notes will be stored in a warehouse for 19 years before the idea is revisited. 4. The US Mint will still be fretting over how to get the $1 coins to circulate. Yet the $1 bill will still be produced - in paper of course. 5. Rising costs will cause the cent to be changed to a plastic disc painted brown to look like a cent. Congress will still be debating the merits of continuing to make cents. 6. Even though a Happy Meal at McDonald's will cost $37, the cent will still be relevant because wages and social security benefits will still be the same as now - no increases. 7. HSN will proclaim the 2020 will be the last year of satin finish coins for US mint sets. Even though the mint has a warehouse with a million uncirculated sets for sale for $150 each, you should still buy mint sets from HSN for $500 each because they will be rare and valuable someday. 8. The National Parks Quarter program will be winding down. So the US Mint will be starting the new Highways to Hope Quarter Program. Every state, county and local road in America will get its own quarter. That means 52 new quarters every year for 200 years. 9. The mint promises that a standard quarter design will return in the year 2220. 10. The Highways to Hope quarters will each be accompanied by a one metric tonne gold bullion coin. 11. Due to the continued, sustained demand for gold and silver bullion, proof American Eagle coins will still not be available. 12. The US Mint computer system will suddenly process all of the "lost orders" for Lincoln Coin and Chronicle Sets back in 2009. Since there are none to send out anymore, the mint fulfillment center will send out ziploc baggies with 4 beat up old memorial cents rather than refund all the mistaken charges. 13. I still will not have seen a 2009 cent in circulation anywhere. 14. There will probably still be more wheat cents in circulation than shield cents. Any others? :bow: :yawn:[/QUOTE]
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