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Yet Another $1 Bill Redesign Rumor...
I do research on coin and currency issues every once in a while, and
stumbled across this: http://forum.autocareforum.com/showthread.php?p=12637 Apparently there is a rumor that, even though the U.S. Treasury website says that the $1 bill will not be redesigned, the rumor says it will, and the redesigned $1 bills will hit the streets around Thanksgiving. The person at the top states the $1 bill redesign issue, and the one on the bottom of the thread says that, bill readers will have to be reprogramed or replaced, so I'm guessing he means that the $1 bill will indeed be redesigned. Unlike the guy in the middle who claims that the $1 bill will not be redesigned, and only security features will be added. I don't believe this rumor, but I'm guessing you guys all know that I hope that this $1 bill redesign rumor is true. Any ideas as to whether this is true? I really don't see a big issue on redesigning the $1 bill, as far as vending machines go, because, if they can manage to reprogram their machines to take new (widely circulated) $5 bills, I see no problem with them programing in new $1, and while they're at it, have the Treasury prepare to issue, and have vendors program in a new $2 bill as well. One idea would be to redesign the $1 bill, and if the vendors do not want to pay to retool their machines to take new $1 bills, they should invest in a dollar coin machine, programed to take redesigned $1 bills (and possibly future redesigns of the $1, $2 and $5 bills) that can be easliy retooled for as long as $1, $2 and $5 bills are around and will spit out dollar coins for customers to use in the vending machines, and put this "dollar coin machine" next to their veing machines, and, hey, maybe people will realize what hassle those $1 bills are, and would think that they should have just asked for dollar coins at their bank over $1 bills in the first place, to avoid wasting time having using two vending machines just to get their pop or candy bar, or whatever. Tom P.S. Yeah...Yeah, the same thing repeated all over again. But I only posted this, because of a rumor of a redesigned $1 bill. But still, what do you guys think about the dollar coin machine issue I mentioned, where people might just get annoyed with $1 bills, and possibly start using dollar coins in the first place instead? |
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