Right….Because what everyone is clamoring for is a bunch of large coins in their pocket.
“If Congress passes the COINS Act replacing the $1 paper bill for a coin, the U.S. government may be able to save billions in printing costs at the expense of a little more jangle in the average consumers' pockets”
Umm is congress aware that making a coin also costs money? I would think paper is cheaper then metal. Regardless nobody uses coins anymore and nobody is going to want to use a $1.00 coin. Just two years ago the $1.00 coin was universally rejected. http://www.nbcnews.com/business/us-mint-says-goodbye-1-presidential-coins-1C7101045#
But why learn from history when you can just repeat it.
Personally I don’t use cash or coins. Everything is on my debit card. My guess is that is true for most people.