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$2 Bills (What went wrong?)



 
 
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  #9  
Old November 1st 03, 01:58 AM
Bruce Remick
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Bob Flaminio wrote:

bob peterson wrote:
2. No spaces in the cash register for them for most retailers.


This is why those who advocate $2 bills also need to get on the dollar
coin and cent elimination bandwagons. If we want to get these
instruments into use, we need to shift the cash register till a little.

Right now most 5-slot cash registers are filled thusly:

Small row -- Cents; Nickels; Dimes; Quarters; Paper Clips
Big row -- Dollars; Fives; Tens; Twenties; Checks

It is my proposition that a cheaper and more efficient US monetary
system can be implemented like this:

Small row -- Nickels; Dimes; Quarters; Sackies; Paper Clips
Big row -- Twos; Fives; Tens; Twenties; Checks


Don't forget-- even if the dollar bill and cent were no longer made,
there would be tons of them out there and they would still be
spendable. Consumers probably would still use the existing $1 bills as
long as they remained in circulation, so register drawers would still
have to accommodate them. Pennies would eventually go from kitchen jars
to banks and then taxpayers would pay to have them stored somewhere
indefinitely.

Bruce
 




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