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with coins people might actually spend less because it would be too cumbersome to carry coins, now if we could only make it harder to use plastic then coins might cut down on consumer spending and actually get people to begin saving, I would say that over half of the products out there are junk and we really don't need anyway.
I'm in Canada and we have coins for the $1 and $2. I don't mind it and like someone else said, it's good for the change jar.
Same in Australia. We got one dollar coins in 1984 and two dollar coins in 1988. The notes were just fazed out. At the time there was a bit of fuss about how the coins could be mistaken for smaller denominations but we all learnt to deal with it.
All our notes are plastic as well now. You can wash them in the washing machine and they come out just fine.
No. I have just tried to fold a $20 in half. Even with a strong crease it just unfolds itself and goes back to being flat. Not sure exactly what they are made of. Some sort of polymer I think. The notes last a lot longer than our old paper ones as they are virtually impossible ( well I can't do it anyway) to tear.
I like to use the coins for tips, I have had people tell me they save them in a jar or put them away for their kids. It is nice to think you encouraged someone to save in some small way.
I also used them for children, who have requested green dollars because their parents make them put coin dollars in their piggy banks.
I like the dollar bill but realize it is more cost effective to use a coin. I also realize that it is near the time we are probably going to modernize our entire numismatic system by eliminating the penny and nickle, full implementation of a dollar coin, renewed circulation of the $500 bill and the inclusion of RFID into paper money.
The stamp machines at the post office give dollar coins back as change. If you put a $20 bill in to buy a stamp, you get back 19 of them! That is where I go to get them for my daughters piggy bank when the real bank doesn't have any.
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