We've already got a coin equal to the value of a Federal Reserve Note paper "dollar" bill.
It's called a "nickel."
$1 coins will cost us much more - plus we already have over a billion bucks worth of $1 coins in vaults, and - without producing another single one, that number is expected to double over the next few years as more dollar coins already in circulation are handed back to banks in favor of light-weight paper bills.
These idiots know that $1 coins cost a huge amount of money to store... yet, they want to produce more, in spite of public preference.
Go to THIS LINK to tell these idiot GOP lawmakers to sit down and shut up - we don't need any more stinkin' one-dollar coins!
Maybe this is the “change” Obama was promising all that time...
Stupid gimmicks are no substitute for actual ideas.
SnakeDoc
I let them know. EVERY time they try to push $1.00 coins on us, the people utterly reject them.
More evidence that politicians don’t give a rat’s butt about what the people want.
“To coin Money, regulate the Value thereof, and of foreign Coin, and fix the Standard of Weights and Measures;”
US Constitution/Art 1 Sec 8
I guess YOU NEVER read the US Constitution DID YOU!
Don’t worry about it, Ron. Very shortly the dollar will have so little value that people will be using 25 pound sacks of these things as door stops.
Indeed.
Do these people have ANYTHING in their heads except air?
How many friggin’ times are they going to put out a dollar coin and have people overwhelmingly make it clear that they HATE the things before they get the message?
I hate $1 bills. They clutter up my wallet and aren’t worth jack.
Give me a coin any time. I’d rather have four quarters than a stinking $1 bill. Bring on the $5 coin too.
When the UK introduced the 1 pound coin they simply stopped printing the 1 pound notes.
I don’t know about that.
I also hate to carry change so as soon as I come in the house I download my pocket change into a # 10 can.
OK, so I’m lazy. When it’s full I take in down to Coinstar and pour it all in. Then I treat myself to something nice.
Adding in $1 coins will make that payout even bigger.
I also keep a stash of coins in my dash box. Use it to get Pepsi and peanuts while on the road.
I don’t see the problem - and it would last longer than a number of replacement paper bills.
The English one pound coin works just fine. The problem is, I don’t trust the U.S. Government to design something that’s sufficiently different from current coinage that it’ll be easy to determine what you have ahold of when you’re fishing around in your pocket. The current coins are too close in size to a quarter. All it takes is a little intellect and some common sense in design, which is... of course... why I’m doubtful that the feds will be able to pull it off.
I would support the Reagan Dollar.
There is nothing wrong with a dollar bill as long it has worth. Because these morons have legislated us trillions of dollars in debt and have unconstitutionally created the Federal Reserve, allowing it to create money and money policy backed by whim, our currency is worthless.
Shifting from a dollar bill to a dollar coin will do nothing to change this. All it will do is inconvenience We The People with another politically correct worthless round of metal that will wear holes in our pockets.
If these political whores want to solve the problem, first restore worth to our currency. And it is simply done: Stop spending money you don't have. and; Pay the damn debts!
Here's how to do it; eliminate every government organization and program that is unconstitutional. After that the Federal Government could exist on tariffs.
How many times have they tried this??
It doesn’t work. People do not want it.
Just more top-down command economy stuff
My "rule" for top coin values is that you should be able to buy lunch for a couple of the largest value coins. That means we should have $2 coins already and be thinking about when the $5 will be replaced.
(P.S. dump the penny too. It is worth 5 seconds of a minimum wage earner's pay and that is below any reasonable round off amount).
Why not just declare toothpicks as $1 currency. Would have about as much meaning.
We've already got a coin equal to the value of a Federal Reserve Note paper "dollar" bill.
It's called a "nickel."
Easy solution, stop printing paper dollars
Not only do we NOT need a $1 coin, we need to abolish the penny, nickel and dime now that inflation has rendered them of very little worth. The amount of time and energy spent counting change and preparing cash registers at every level of retail sales is a waste of valuable time and money.
They want us to get used to a devalued dollar by making it pocket change.
Damn...just damn