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Thread: House GOP wants to cash out dollar bill

  1. #31
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    Re: House GOP wants to cash out dollar bill

    Quote Originally Posted by mattillac View Post
    Pretty interesting, surely the government would be creating a good amount of jobs if they abolished the paper dollar and at the same time they would be seriously harming businesses in the short term.

    Bill changers, cash registers, vending machines would most likely need to be modified and taking the weekend deposit to the bank on Monday may require two people because of the added weight. There are lots of side effects to this IMO that are worth a closer look.

    So much for idea that government doesn't create jobs(I hear so often).

    Not saying it's right or wrong, just saying.

    What's really neat about the changing/modifying currency is that people tend to save some for collecting, like with the statehood quarter or the Lincoln cent a lot of people take a few of each and put them aside, I image the dollar changeover would be similar and many people would take bills out of circulation for keepsakes. Also there is nothing like giving the clerk a five dollar bill at the store and getting 3 or 4 new shiny(new)dollar coins as change and then socking them away to never see the light of day again in the hopes that someday they would be worth something.

    If I take four new dollar coins I got for change at the store and remove them from circulation and also sock a few old paper dollars away forever I wonder who benefits from that kind of activity? The fed maybe ?
    I think this is the longest post I've ever seen you make.

  2. #32
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    Re: House GOP wants to cash out dollar bill

    Quote Originally Posted by StillBallin75 View Post
    I think this is the longest post I've ever seen you make.




    That's probably why my head hurts now.
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    as I noted, its better that 10 nutjobs get guns than one good person be wrongly disarmed.

  3. #33
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    Re: House GOP wants to cash out dollar bill

    Quote Originally Posted by Jetboogieman View Post
    Edit: Cheap Strippers will be very hurt by this.
    Nah, they've got built-in coin slots.
    If you build a man a fire, he'll be warm for a day.

    If you set a man on fire, he'll be warm for the rest of his life.

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    Re: House GOP wants to cash out dollar bill

    While I'd rather use dollar bills than dollar coins, I carry cash so rarely that I won't be all that affected by this one way or the other. If it will save the government some money to switch entirely over to dollar coins instead of dollar bills, then go for it.
    If you build a man a fire, he'll be warm for a day.

    If you set a man on fire, he'll be warm for the rest of his life.

  5. #35
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    Re: House GOP wants to cash out dollar bill

    Quote Originally Posted by mattillac View Post
    That is the most epic gif I've ever seen.

  6. #36
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    Re: House GOP wants to cash out dollar bill

    Quote Originally Posted by samsmart View Post
    I don't care one way or the other, really, and I don't really think this is a partisan issue.
    agreed...doesnt really matter to me

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    Re: House GOP wants to cash out dollar bill

    It was weird in England using the 1 pound coin...for about a day. It saves printing costs, easier to deal with than a wallet full of ones...people would get used to it in a hurry.

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    Re: House GOP wants to cash out dollar bill

    Quote Originally Posted by VanceMack View Post
    It was weird in England using the 1 pound coin...for about a day. It saves printing costs, easier to deal with than a wallet full of ones...people would get used to it in a hurry.
    On the continent they have both 1 Euro and 2 Euro coins. it's ****in' weird.
    Last edited by StillBallin75; 09-28-11 at 09:21 PM.

  9. #39
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    Re: House GOP wants to cash out dollar bill

    Quote Originally Posted by pbrauer View Post
    LOL Here is the Tea Party at work, wanting to abolish paper dollars and replace them with coins. Good or bad idea? I don't think coins would work well in my wallet.



    House GOP wants to cash out dollar bill - The Hill's Floor Action
    Might as well make it the same material that goes into a penny. Actually, they should make it a plastic coin, and that would STILL be worth more than what it represents.
    The ghost of Jack Kevorkian for President's Physician: 2016

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    Re: House GOP wants to cash out dollar bill

    Quote Originally Posted by pbrauer View Post
    LOL Here is the Tea Party at work, wanting to abolish paper dollars and replace them with coins. Good or bad idea? I don't think coins would work well in my wallet.



    House GOP wants to cash out dollar bill - The Hill's Floor Action

    We are headed towards a cashless society. We have moved from a largely cash society, to checks, to credit cards, to debit cards and now cards that act like cash. Just swipe and go. Government sees a huge advantage to electronic vs. cash transactions. It costs a lot of money to print and coin money. Cash is much more difficult to track and eliminating cash will go a long way to seriously impeding or eliminating black marketeering, organized crime, drug trafficking, etc

    It will be voluntary at first, then it will become mandatory with the announcement that on a date certain, paper money will no longer be any good. You'll need to turn it in for credit into an account. If you don't have a card, you won't be able to buy food, get a job, get paid, etc. This will be seen as a way to control illegal immigration. Not a citizen? No card, no job, no money.

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