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<p>[QUOTE=&quot;900fine, post: 367761, member: 6036&quot;]Interesting how they phrase it :</p><blockquote><p><i><b>&quot;During the past thirty years, the U.S. Mint has produced something like a half trillion coins, most of them cents, yet the Mint estimates that <span style="color: red">only </span>about three hundred billion coins are currently in circulation.&quot;</b></i></p><p><br /></p></blockquote><p>They know people don&#039;t relate to numbers that big. But when you think about it, half a trillion is five hundred billion...</p><p>&nbsp;</p><p>... so, with three hundred billion coins in circulation, that means <b>60% of the coins minted in the last 30 years are still in circulation</b>.</p><p>&nbsp;</p><p>Which actually seems fairly high. After all, 60% is considered a landslide. And yet, the New Yorker piece points toward a large loss.</p><p>&nbsp;</p><p><b>In my mind, the media verbiage was phrased in a misleading manner in an attempt to lead one to <i>their</i> intended conclusion.</b></p><p>&nbsp;</p><p>Yes, the change is worth billions. Two hundred billion cents are worth $2 billion, and the actual value is somewhat higher.</p><p>&nbsp;</p><p>But how does a loss of <b>$2 billion over 30 years </b>compare to waste in other areas ? <b>Miniscule</b>.[/QUOTE]</p><p><br /></p>

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