I would rather that new currency were issued — the same denominations as today, but worth ten times as much. That would make the cent worth what it was 60 years ago. (This won’t happen any time soon.)
Imagine if the smallest denomination coin was a dime — that’s what a cent was worth 60 years ago. People seemed to get along just fine without a smaller unit of value.
Yeah, it is not generally looked upon as a good idea to devalue your currency.