I think if you considered the value of the dollar today compared to its worth in the 1950’s and replaced paper with coin at the same level it was back then, that the lowest denomination today in paper form would be the $20 bill and maybe the $50.
You had to buy four gallons of gas before you got into one paper bill. Now, four gallons gets you to $18. and it’s more stark with some other things. The price of a movie ticket, for example.
I think we need $1, $5, $10 $20 and $50 couns. I think we should not have any denomination below the quarter, and maybe even the half dollar.
Or we could just do with the dollar what Mexico did with the peso. It would sure help regarding the AMT and disclosure of cash transactions over $10,000 - which has become a farce.
I use dollar coins often.
Singles are filthy! Full of bacteria, fecal matter, all kinds of nasty stuff!
The have a life measured in months. Then they’re shredded and dump in a landfill. And more are printed, at our expense.
Coins last many decades, and are, by nature of the metals, anti-bacterial. The metals are able to be recycled.
In Ohio, at least, they disinfect the paper singles with something that has a heavy perfume smell. My wallet stinks of cheap perfume. I wanna wash my hands after handling singles! Just think of all the people who didn’t wash their hands who touched these bills before you got them????
They’re disgusting!
I agree with McStain on this issue!