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Doug Freyburger Doug Freyburger is offline
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Default The scandal of $50k culinary degrees

Dan Abel wrote:
> Doug Freyburger > wrote:
>
>> If you tracked inflation since 1863 when they dropped the half cent
>> because inflation had made it not worth carrying they would now drop all
>> coins but the dollar. Yet folks say that dropping the cent would
>> "cause" inflation.

>
> Seems pretty silly, doesn't it? It's been some years now, since I
> noticed that little kids won't bother to bend over to pick up pennies.
> They are so worthless that even small children find little use for them.


I filter cents and nickels for date and keep the ones I think are
interesting. Otherwise they go with all of the dimes into the jar that
eventually gets emptied into the Coinstar machine. Quarters I keep
until I have enough to get an expresso plus tip. I do filter them
looking for territory ones. I have several P and D of each state but so
far I have not collected all of the territory quaters.

> What's the cheapest thing you can buy in a store, now?


Some stores have quarter gum/candy machines. Otherwise thre's little
under a dollar anywhere.

Folks don't want to drop two digits from the currency. When Mexico did
that they said its economy collapsed. But the reality is the reality.
In the US it's time to drop two digits from the currency and punt on all
of the coinage. Think of the experience in Canada when they stopped
printing the dollar and went with the loonie - Folks hated it for under
a year and then realized it was more convenient.