Make a 20¢ piece instead of the quarter and everything can go to the nearest 10¢. Then eventually we can get rid of the dime too and everything can go to the nearest 20¢.
No, forward thinking is to depreciate the dime, ahead of its time. When the penny was introduced it was worth the equivalent of 37 cents today. Round only to quarters. No new coins - a new 20 cent piece wouldn’t be
compatible with coin infrastructure today.
Just scrap anything less than $1. Then make coins $1 $5 $10 $20 that look and feel similar to the penny, nickel, dime, & quarter but are really replacing these paper bills.
They last longer. Up to this point the government could not get the public to adopt the $1 coin, largely because it was too big physically, and cashiers didn’t have an extra slot in their coin drawer. We could change all that now, if we convert $1, $5, $10, and $20 into coins the appear similar to the penny, nickel, dime, and quarter.
frankly they might aswell cut the 5 cent piece too while theyre at it.
Make a 20¢ piece instead of the quarter and everything can go to the nearest 10¢. Then eventually we can get rid of the dime too and everything can go to the nearest 20¢.
This is the forward thinking we need right now.
This is what the euro currency did, I expect for this reason.
No, forward thinking is to depreciate the dime, ahead of its time. When the penny was introduced it was worth the equivalent of 37 cents today. Round only to quarters. No new coins - a new 20 cent piece wouldn’t be compatible with coin infrastructure today.
Please do not put the idea in Trump’s head that he can mint new denominations. They will all have his face.
If we actually optimized the cost of production beforehand this could work
Just scrap anything less than $1. Then make coins $1 $5 $10 $20 that look and feel similar to the penny, nickel, dime, & quarter but are really replacing these paper bills.
Why would you want coins instead of paper bills?
They last a lot longer. This is why Canada switched to coins for $1 and $2
They last longer. Up to this point the government could not get the public to adopt the $1 coin, largely because it was too big physically, and cashiers didn’t have an extra slot in their coin drawer. We could change all that now, if we convert $1, $5, $10, and $20 into coins the appear similar to the penny, nickel, dime, and quarter.
We want the fantasy-trope coin-pouch hanging from our belts! We’ll tors down bags of coins! It’ll be great!