Millions are spent storing the $1 presidential coins that nobody wants.
First, the minting Presidential Series dollars has cost $300 million since it was mandated by Congress in 2005. Minting money like this is... more »
My plan is to give Federal employees a small optional pay raise. Employees recieving this raise would have to A. take some portion of their salary (<0.5%) in the form of dollar coins and B. agree to spend the... more »
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 »
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 »