We should stop printing one-dollar bills. Coins that are substantially larger than
quarters are what we need so we can easily tell them apart. The savings to taxpayers on printing costs demands
we do this.
The penny has evaporated into insignificance even among the
poorest of Americans. They have become
inconvenient refuse. They break our
vacuum cleaners as they clutter our lives.
It takes two cents to manufacture the worthless penny. We need them out of our lives.
The one hundred dollar bill needs to be supplemented by
returning the five hundred dollar bill to circulation. We will be saving a bundle on printing the
one hundred dollar notes because people will be using the larger bill more
often. Part of the printing cost saved
can be spent on better anti-counterfeiting measures for the bigger bills.
The failed Drug War is what’s prevented larger denomination
notes. Big Brother wants to detect large
amounts of currency easier. The larger
denomination bills would enable drug dealers to better hide their cash. The Drug War was lost long ago and the world
morgues have been over-flowing as a result of the related violence. The loss of privacy, liberty and lives
through violence has cost America far more than the drugs themselves. Of course despite billions wasted on the Drug
War we still have more illicit drugs on our streets than ever.
Far too many of those fascist bastards running our
government want to eliminate cash. They
want to eliminate any and all privacy with government issued debit smart cards. They want every American’s purchases, locations
and amounts spent tracked. That fits
right in with airport cavity searches and regular warrantless home searches by
bucket helmeted, boot wearing and armed government thugs. I for one will never adapt to that tyranny and will die fighting it first.
Comments
The dollar bill on the other hand has outserved it's usefullness. Canada already uses a dollar and two dollar coin and Europe uses the Euro coin.
$500 bills, and maybe even $1000 bills should make a come back. I currently keep a $100 bill tucked away in my wallet for emergencies,but it would be nicer (after a bit of saving that is) to keep a $500 tucked away instead.
Should I hold my breath for these changes?
there's a much more efficient solution.
adjust the value on everything by moving the decimal point to the left one digit, thus returning value to the penny.
thus, the current accepted value of a dime becomes the adjusted value of the penny, the current accepted value of the dollar becomes the adjusted value of the dime, etc.
this would emphasis the artificial impression that numerical monetary inflation has had on the consuming public's of possessing phantom 'wealth'.
it would also make that obamination tax hike on 'millionaires' moot.
Ah,but that would wreck anyone (or anything) that is relying on paying back borrowed money with future inflated currency. When you hear about the fears of deflation keep in mind the people who are afraid have more debt than they can manage and worry about getting screwed more than they already are.
That could be done, but to make it work, you'd have to remove 90% of the present currency out of circulation.