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Why does the 'US MINT' need to make a profit?
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<p>[QUOTE="BostonCoins, post: 1860833, member: 34720"]I was reading another post, and people were complaining on how the Mint was releasing different coins in different packages in order to make "more money"....</p><p><br /></p><p>Then it occurred to me.... Why does the Mint need profits in the first place?</p><p><br /></p><p>I suppose I have lived my life naively thinking that the US mint was a Federal Government run department. With that statement, in my own minds eye, I just supposed that the Federal Government paid for the equipment, materials and salaries for the US Mint.</p><p><br /></p><p>Am I mistaken?</p><p><br /></p><p>SO... then I began to think... Ok... let's say what I think of the US Mint is true... the Federal Government DOES pay for all of that.... </p><p><br /></p><p>Maybe the profits from selling the ASE's and such go towards future packaging... that the profits don't go in anyone's pocket (so to say), but rather, those funds are used for future projects and products.</p><p><br /></p><p>In that case, it only seems logical that eventually, that extra money is going to add up, and there is going to be WAY more money in that fund then even the US Mint can spend...</p><p><br /></p><p>So where does that money go!??![/QUOTE]</p><p><br /></p>
[QUOTE="BostonCoins, post: 1860833, member: 34720"]I was reading another post, and people were complaining on how the Mint was releasing different coins in different packages in order to make "more money".... Then it occurred to me.... Why does the Mint need profits in the first place? I suppose I have lived my life naively thinking that the US mint was a Federal Government run department. With that statement, in my own minds eye, I just supposed that the Federal Government paid for the equipment, materials and salaries for the US Mint. Am I mistaken? SO... then I began to think... Ok... let's say what I think of the US Mint is true... the Federal Government DOES pay for all of that.... Maybe the profits from selling the ASE's and such go towards future packaging... that the profits don't go in anyone's pocket (so to say), but rather, those funds are used for future projects and products. In that case, it only seems logical that eventually, that extra money is going to add up, and there is going to be WAY more money in that fund then even the US Mint can spend... So where does that money go!??![/QUOTE]
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