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 »
No more confusion between a quarter and a golden dollar. This means that one area of resistance to use the dollar coin is eliminated. Dollar coins have lower life cycle costs than paper one dollar bills.
It takes care of a major issue in trying to eliminate the 5 cent coin. (You could make the 5 cent coin form something other than nickel but it would have to get a new nick... more »
US dollar coins are being stored. They are not circulating. Dollar coins are cheaper in the long run than paper one dollar bills.
Have the PX, BX, comissary, Marine exchange, clubs in the Morale and Welfare system, etc. Start each day with a specifiec minimum of dollar coins in their "bank", "drawer", "tray" or what ever the enterprise calls the money availalbe... more »