September 2022

S M T W T F S
    123
45678910
11121314151617
181920 21222324
2526 27282930 

Style Credit

Expand Cut Tags

No cut tags
Tuesday, November 14th, 2006 10:22 pm
I just saw a public display of numismatism!
Tuesday, November 14th, 2006 10:34 pm (UTC)
Was it at the post office?
Tuesday, November 14th, 2006 10:36 pm (UTC)
Oddly enough, it was at a Starbucks.
Tuesday, November 14th, 2006 11:15 pm (UTC)
I'd like to see the penny phased out in the US in favour of 5 cents as the payment and debt resolution.
Wednesday, November 15th, 2006 05:23 pm (UTC)
Hate that solution and it'd be just the kind of hare-brained thing America would do. It's like doing math with english units. *shudder*

If we are going to reduce the resolution, it should be to $0.1, the next decimal place, and we get rid of quarters, nickles and pennies. Leaves dimes (reasonable size) and half-dollars if anyone wanted to use them. We could redesign half-dollars....and/or go to using dollar coins and get rid of paper dollars. So, dimes and dollars would be the dominate coinage in use, and we'd have paper dollars above that. Much simpler.

Suppose the greater lesson here is how to set-up money systems to start with (should have a 0.20 piece, not a 0.25 piece).

-B.
Wednesday, November 15th, 2006 05:32 pm (UTC)
Since currently pennies AND nickels cost more to make than they are worth, that is quite possibly what would happen.
Wednesday, November 15th, 2006 12:01 am (UTC)
public display of numismatism

...to coin a phrase.

The obverse solution to that sort of thing is to have the perpetrators drawn and quartered!
Wednesday, November 15th, 2006 07:15 am (UTC)
Did it hurt?