Community Member
Community Member
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Department of the Treasury

Stop printing 1$ bills

It is expensive to maintain paper money, it wears out quickly and coins last longer. I have heard the excuse that the American people don't want dollar coins - well, too bad. If the paper dollar is stopped printing, then the American people would adjust and move forward. Every other country around the world has done it and there has not been any civil wars that I am aware of over changing a bill to a coin. It is a fact that people are afraid of change, so don't give them an option, create a date that paper dollars will no longer be printed, then remove them from use by attrition - should be pretty quick if people truly don't want to use the dollar coins. Require banks to turn them in and fine them if they give out paper dollars from that date forward.



Idea No. 2374