I’ve often wished our country would take a more global approach to money. By that I mean that most other countries around the world have many more coin denominations, as well as more colorful paper money. But when it comes down to it, how do I feel about carrying around $1 coins? Truly, when traveling abroad, one’s pockets can get quite heavy. And is making the dollar a coin one step further in devaluing the dollar in our skyrocketing cost of living? The above-linked article cites rising prices at soda machines and parking meters. The dollar coin just makes it all that much easier. Really, I don’t think the coin will have the usage they hope until they commit to it – flood the market and decrease the paper printing.
What do you all think of one-dollar coins?