https://www.youtube.com/watch?v=58SrtQNt4YE
We could stop making nickels and one-cent coins while keeping them in circulation. As more transactions become electronic, the need for cash should go down.
We should also encourage sales tax to adjust to a ten-cent currency. Change for a quarter might be tricky, but there would still be nickels, and people would adjust if there was a shortage of nickels.
The smart thing would be to start with eliminating the 1-cent coin as a trial run.
We should also encourage sales tax to adjust to a ten-cent currency. Change for a quarter might be tricky, but there would still be nickels, and people would adjust if there was a shortage of nickels.
The smart thing would be to start with eliminating the 1-cent coin as a trial run.
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