Better World Club

Saturday, September 25, 2010

Put Your Money Where Your Mouth Is. Literally.

Replacing Dollar Bills with One Dollar Coins Would Save Green All Around

Just Don't Put the Money in Your Mouth...It's Filthy

The United States has been stockpiling one dollar coins since 2007 when a law passed that requires the US Mint to produce four new presidential coins each year until Congress legislates otherwise. There are already over one billion dollars worth of coins ready for circulation, but nobody seems to want to use them.

The poor performance of the coin, which countries like Britain, Canada, and Japan already use successfully in comparable denominations, isn't just for force of habit: a negative feedback cycle at the cash register has customers afraid to use dollar coins because they think they might not be accepted as payment and cashiers afraid that customers won't accept them as change.

But! ''Because a coin can last four decades while a note lasts only a few years, replacing the dollar bill with the coin could save the US $500m to $700m per year in printing and paper costs.'' Not to mention all of the water and energy savings. Money doesn't grow on trees, kids.

So get out there and really put your money where your mouth is! Fill your pockets with shiny dollar coins, use them for incidental purchases, and request them as change. We'll save ourselves some green and help green our money production at the same time.

Read the full BBC News article from which this report is adapted here.

Bookmark with:

Delicious |  Digg |  reddit |  Facebook |  StumbleUpon


  • It’s equally important that you're conscious, as well as enables, the risks included. For instance, the fact that gold and silver don’t invest curiosity or dividends and that there can be a disadvantage included, just like a drop in the metal’s cost

    By Anonymous, At June 6, 2018 at 4:39 AM  

  • Our company offers organization bookkeeping software programs that will comprehensive duties on the touch of a button which will save beneficial sources, time and money Our application may range from doing standard bookkeeping processes that may be performed on the day-to-day time frame, which includes invoicing, tracking expenditures, creating reports and controlling distributors.

    By Anonymous Michael Drury, At November 29, 2019 at 11:14 PM  

  • I am interested in this area if you are a great site but know some community forums. I think it should be a good opportunity to get feedback from others who are experienced. 국산야동

    Also do visit may web page check this link 한국야동

    By Anonymous japanyadongcom, At December 17, 2021 at 7:28 PM  

  • Excellent content ,Thanks for sharing this ., It's pretty nice and very helpful contents in this article.
    Leanpitch provides online training in ICP ACC, everyone can use it wisely.

    Agile coach certification
    ICP ACC certification

    By Blogger sri, At February 28, 2022 at 3:46 AM  

Post a Comment

Subscribe to Post Comments [Atom]

<< Home