New bipartisan bill would let the U.S. Mint alter the metal content of coins to save money

CNBC ^ | 4-20-23 | Christina Wilkie

[KarlInOhio]

Just wait until the congressmen rented by the mining industry fight back. They show up every time the penny is up for elimination.

[rolling_stone]

Maybe not too big a hole or it would make the coin resemble a metal washer ring or other

im for putting the hole in the middle, then when they are worthless in metal value you an aat least use them as washers....pennies and dimes without a hole can now also be used with a powder actuated .22 caliber nail set/ramset as washers in a pinch when you are out of washers.

[C210N]

For the Denarius, worked so well in Rome:

As it worked in Rome, so it works now.

The FED/Treasury issuing new $1 Bills:

[Larry Lucido]

[T.B. Yoits]

Typical banana republic coins.

The U.S. Mint can make the new coins out of banana fiber:

https://textiletuts.com/banana-fiber/

[Fresh Wind]

[digger48]

Wooden nickles?

[SaveFerris]

Weimar Republic, it seems

[Jim Noble]

I used half dollars a lot when I was a kid - a sci-fi book, bubble gum, and some change back.

[Mouton]

So, my 400+ in small change I have laying round could actually be worth more dead than alive??

I recall when they killed off the silver certificates. Why have anything behind your script.

[Qwapisking]

Someone once said “Nothing can replace the American dollar...and almost has”. Looking like government is out to make sure.

[Starboard]

“Following the path of Rome.”

************

Exactly.

[Starboard]

A bipartisan bill to authorize the U.S. Mint to alter the metal content of coins in order to save taxpayers money

**********

What a joke this is. The best way to save money is to stop spending so damn much.

[PLMerite]

“They are pushing for digital currency.”

If the cost of electricity goes up, will that devalue digital currency?

[conservativeimage]

Your mortgage company knowingly lends you credit (fictitious) to pay for your home.
They expect you to pay back that credit with real money.
But they also know that money you’re paying is fictitious too because it isn’t backed by any precious metal value.
Is this not bank fraud on their part?
The only one doing anything real is you with your labor.
You are a slave, Neo.

[conservativeimage]

Digital currency

UCC - Universal Commercial Code

[Salman]

They got rid of silver and went to an all token coinage in 1964. Any further cheapening of the product doesn’t change anything. And it happened several times since then.

[KC Burke]

We can’t see to make law by legislature anymore. We always have to leave all the decisions to Democrat bureaucrats.

[Leaning Right]

As a replacement, I vote for tasty chocolate coins.

[algore]

https://www.axios.com/2023/04/17/2d-barcode-transition-2027