Good Morning Citizens!
"Your change sir!” the nice girl said to me as I paid for my coffee. “Sir, your change” this time said with a hint of aggravation. I had a cup of coffee in one hand, a wad of bills and my wallet in the other. I had no third hand. “You can keep it” I said, and she did. I had already put a dollar in the tip jar - but there was nothing else I could do. Having pd (even when the meds are working) makes the simplest of tasks - like buying a cup of Joe, a major production. My fingers don’t have the same amount of dexterity in some areas that they used to. Funny because I can still play the bass - now maybe even better than ever (weird).
It’s always that last step in the purchasing process that gets me - the part I need three hands for - the part were the clerk says “Sir... your change.” I’m sure I’m not the only person that has this problem. The good part is that it can be easily solved, Easily solved and at the same time save our country a lot of money. Yes , it’s time for a change - It’s time for NO change.
I mentioned this half jokingly last week in a post and even designed a new look for our money, but this time I’m serious - as serious as real cane syrup. They say “if it ain’t broke don’t fix it.” That might be true, but they also say - “if it’s unnecessary, expensive, and outdated - throw it away.” Or...at least I do. And that is what heavy little circles of metal that weigh you down, and slow things down have become - useless, unnecessary and expensive. And in some cases cost more to manufacture than the value printed on their face. Such as the penny (2.5 cents) and nickel (11.5 cents) Quarters and dimes costing less, around half of their face value. They still can’t compare to the low-cost of paper money, Where a dollar bill costs around 5.5 cents and a five around 10 cents to manufacture, the most expensive being the hundred dollar bill which weighs in at 13 cents a piece.
Information taken from http://www.federalreserve.gov
That’s why I am proposing we do away with all change - period. Why do we still need them? When I lived in Germany most retail items were rounded up or down to the nearest Deutch Mark. That is all we would have to. I don’t have to do a study to know that it would eventually average out - That’s why they call it “average.” But just to be fair I'll do a quick little test.
Monthly Family Budget (with coins)
Expenses - $3765.57
Income - $5467.98
Savings - $1500
Extra - $202.41
Monthly Family Budget (without coins)
Expenses - $3766
Income - $5468
Savings - $1500
Extra - $202
In this senario you would come up with 41 cents less at the end of the month, some months less - some more, but never more (or less) than a dollar. I feel that’s a small price to pay for the elimination of a unneeded, inconvenient and obsolete institution.
Everyone I know has a jar like the one to the right - I have one - you probably do too. Wouldn’t that look better filled with sea glass, or marbles or even moonshine, anything would be better than those (don’t want to know where they’ve been) nasty coins.
The only advantage to having a jar like that is that it forces you to save a little bit of money - But, we’re all adults here, we shouldn’t have to be forced to do anything.
I don’t think that the USA should do away with coins just because they make it harder for me to buy coffee. We should eliminate coins from our system because it would save up money and time - but mainly money, and that would help everyone, everywhere.
Any desire to not make the change to no change, comes from nostalgia and politics, two concepts that should be kept away from business. And that’s all this is - business. We have to keep politics and emotion away from it - especially politics.
This, of course, would change some long-time institutions in this country. One of them being the advertising trick of charging $19.95 instead of $20. Like that really fooled anybody - when I see $199.95 I see $200. How stupid do they think we are. This would also end that absurd practice of tacking on 9/10ths a cent onto the price of gas. That might have made sense years ago when a penny was worth something - now it’s just plain silly.
Once people got used to it averaging it would become another part of daily life. Most items cost around a dollar anyway - it makes perfect sense to round off. If you think about it we are already averaging to the nearest penny, for all costs can be taken out an infinite number of decimal places, if you wanted to. But why would you, just like why would you want to mess with being handed back 87 cents in change when the clerk could just give you a dollar.
If the US mint could make a profit by selling commemorative and novelty coins to collectors and hobbyists, by all means let them continue, but only if they made a profit. A profit that when rounded off to nearest dollar was enough to justify their existence.
I was going to say - Well, thats my two cents worth - but I have to round down to $0 - and that’s about the going rate for opinions - nothing.
Stop Making Cents.
just say yes!
meet Andy Ward King, a professional musician and artist until a diagnosis of parkinons dsease at age 49 forced him into an early retirement., he now uses his music, his art along with the whimsical world he has created in this blog as therapy to ( as he puts it ) outsmart his brain and make the daily battles with parkinson’s a little bit easier, to give him that all important reason to get up on the morning, to make his life worth living. Andy has learned how to say NO to gving up \ NO to depression and apathy \ NO to following willingly the road of decline that stretches before him. he learned that to say no to all of these things all one has to do is say yes. Andy has learned to just say YES to life/\\