With the advent of the golden dollar, what is the point of still printing a paper dollar bill? Folks need to be encouraged to use the golden dollar coins and the best way to encourage use is to make it the only game in town. In addition, folks are prone to saving coins (usually in a jar in their house) and may save more money in the form of dollar coins purely out of habit of emptying their coins into that jar.
Each of the 12 regional Federal Reserve Banks is permitted to issue up to 300,000,000 one dollar Federal Reserve Notes each calendar year.
Each... more »
And I have often asked for dollar coins or half dollars a the bank and they say they dont have any. They can't circualte if you can;t get them.... more »
Stop printing the ones until the stock plie of dollar coins that the Federela REserve is storiing goes down, to the point the quantity is "normal" inventory. Then restart printing of the dollar bill if you must. Just stopping the presidential dolla coin program is not going to do anything for the coins in storage right now.
And I have often asked for dollar coins or... more »
Start using $1 coins instead of the paper bill, the coins last about 15 times longer. Pennies more to make than they're worth and end up being horded because of their relatively low value. I think everyone could be persuaded to agree with this proposal, but tradition will get in the way.
Stop production on the U.S. Dollar Bill. Instead switch to using the U.S. Dollar Coin. Coins last significantly longer. In other countries, coins are used instead of the equivalent dollar amount.
Why is there a bill in congress to kill the $1 coins? This is the way we should be going & eliminate $1 paper bills. They are expensive to produce and dispose of and have a short life span. Canada has $1 and $2 coins, like many other countries.