{"id":11218,"date":"2010-09-21T17:30:43","date_gmt":"2010-09-22T00:30:43","guid":{"rendered":"http:\/\/www.amptoons.com\/blog\/?p=11218"},"modified":"2010-09-21T17:30:43","modified_gmt":"2010-09-22T00:30:43","slug":"the-case-against-pennies-and-nickels-and-quarters-and-dollar-bills","status":"publish","type":"post","link":"https:\/\/amptoons.com\/blog\/?p=11218","title":{"rendered":"The Case Against Pennies. And Nickels. And Quarters. And Dollar Bills."},"content":{"rendered":"<p><object width=\"580\" height=\"360\"><param name=\"movie\" value=\"http:\/\/www.youtube-nocookie.com\/v\/77C47XYm_3c?fs=1&amp;hl=en_US&amp;color1=0x5d1719&amp;color2=0xcd311b&amp;hd=1&amp;border=1\"><\/param><param name=\"allowFullScreen\" value=\"true\"><\/param><param name=\"allowscriptaccess\" value=\"always\"><\/param><embed src=\"http:\/\/www.youtube-nocookie.com\/v\/77C47XYm_3c?fs=1&amp;hl=en_US&amp;color1=0x5d1719&amp;color2=0xcd311b&amp;hd=1&amp;border=1\" type=\"application\/x-shockwave-flash\" allowscriptaccess=\"always\" allowfullscreen=\"true\" width=\"580\" height=\"360\"><\/embed><\/object><\/p>\n<p>And I&#8217;ll also quote from <a href=\"http:\/\/www.congress.org\/news\/2010\/08\/11\/advocates_dollar_bills_lead_to_debt\">this article<\/a>, which I&#8217;ve linked to before:<\/p>\n<blockquote><p>The Government Accountability Office estimates that the government could save more than $500 million a year by using the dollar coin exclusively, since it&#8217;s more durable than the dollar bill and offers the Mint a big profit on every one it makes. [&#8230;]<\/p>\n<p>The Government Accountability Office concluded in 2002 that a $1 coin probably could not succeed unless the government pulled the $1 bill from circulation. That&#8217;s probably impossible politically, but Schatz says the government could certainly do more to help the coin.<\/p><\/blockquote>\n<p>As far as I can tell, the argument against these changes amounts to &#8220;change baaaad!&#8221;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>And I&#8217;ll also quote from this article, which I&#8217;ve linked to before: The Government Accountability Office estimates that the government could save more than $500 million a year by using the dollar coin exclusively, since it&#8217;s more durable than the &hellip; <a href=\"https:\/\/amptoons.com\/blog\/?p=11218\">Continue reading <span class=\"meta-nav\">&rarr;<\/span><\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[135,25],"tags":[],"class_list":["post-11218","post","type-post","status-publish","format-standard","hentry","category-crossposted-on-tada","category-economics-and-the-like"],"_links":{"self":[{"href":"https:\/\/amptoons.com\/blog\/index.php?rest_route=\/wp\/v2\/posts\/11218","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/amptoons.com\/blog\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/amptoons.com\/blog\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/amptoons.com\/blog\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/amptoons.com\/blog\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=11218"}],"version-history":[{"count":0,"href":"https:\/\/amptoons.com\/blog\/index.php?rest_route=\/wp\/v2\/posts\/11218\/revisions"}],"wp:attachment":[{"href":"https:\/\/amptoons.com\/blog\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=11218"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/amptoons.com\/blog\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=11218"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/amptoons.com\/blog\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=11218"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}