Skip to main content

Washington inaugurates new dollar coin series

Washington inaugurates new dollar coin series

Dollar coins have gone clunk with the American public, but maybe that's about to change.

Today, the U.S. Mint is issuing a gold-color "Presidential Dollar" coin that it hopes will appeal to collectors and consumers, unlike the wallflower Sacagawea and Susan B. Anthony dollar coins.

Edmund Moy, director of the U.S. Mint, said the relentless pace of inflation means the time is ripe for a higher-denomination coin.

"A quarter doesn't buy a whole lot in a parking meter anymore," he said. "You've got to carry a sack of quarters around to plug that meter. Laundry, car washes are very coin-intensive services."

Weighing 8.1 grams, the same as the Sacagawea, a Presidential Dollar is lighter than four quarters, which weigh 5.5 grams each.

But Moy thinks a bigger plus for the new dollars is their novelty. He hopes they will, ahem, mint a new generation of amateur numismatists.

The Mint will issue the coins as a rotating limited-edition series, one for each president, following the order in which they served.

Presidents Day coins

The George Washington coin reaches banks today, in time for Presidents Day on Monday. Coins depicting John Adams, Thomas Jefferson and James Madison are due out later this year. Four additional presidents will be honored each year for a decade. Each president's coin will be minted only once, during a single 10-week period. Only presidents who have been dead at least two years will be depicted.

"This is based off a very, very successful program, which is the 50 State Quarter program," Moy said. "It is the most successful coin program the Mint has ever had. It generated 140 million people who are collecting these right now."

Stupid. Stupid. Stupied.

Oh, the government is concerned that dollar bills are wasteful compared to dollar coins? The whole fucking government is awash in waste and squander. At least coining money is in the Constitution, unlike most of the other shit they do. Oh, and we need this because of inflation? Well, why not stop inflating the currency then? The dollar has lost 99% of its value since the creation of the Federal Reserve Bank.

I don't use coins. Ever. I collect them and turn them in to the bank every few months. Now I won't be able to have any dollar bills, so I'll use up my currency much faster now. Super inconvenient. I won't have any dollars to buy things now, I'll have to get change for larger bills five fucking times a day.

The dollar coins have failed time and time again. People are going to COLLECT these coins, not use them!

Comments

Popular posts from this blog

Insulin Resistance- cause of ADD, diabetes, narcolepsy, etc etc

Insulin Resistance Insulin Resistance Have you been diagnosed with clinical depression? Heart disease? Type II, or adult, diabetes? Narcolepsy? Are you, or do you think you might be, an alcoholic? Do you gain weight around your middle in spite of faithfully dieting? Are you unable to lose weight? Does your child have ADHD? If you have any one of these symptoms, I wrote this article for you. Believe it or not, the same thing can cause all of the above symptoms. I am not a medical professional. I am not a nutritionist. The conclusions I have drawn from my own experience and observations are not rocket science. A diagnosis of clinical depression is as ordinary as the common cold today. Prescriptions for Prozac, Zoloft, Wellbutrin, etc., are written every day. Genuine clinical depression is a very serious condition caused by serotonin levels in the brain. I am not certain, however, that every diagnosis of depression is the real thing. My guess is that about 10 percent of the people taking ...

Could Narcolepsy be caused by gluten? :: Kitchen Table Hypothesis

Kitchen Table Hypothesis from www.zombieinstitute.net - Heidi's new site It's commonly known that a severe allergy to peanuts can cause death within minutes. What if there were an allergy that were delayed for hours and caused people to fall asleep instead? That is what I believe is happening in people with Narcolepsy. Celiac disease is an allergy to gliadin, a specific gluten protein found in grains such as wheat, barley and rye. In celiac disease the IgA antigliadin antibody is produced after ingestion of gluten. It attacks the gluten, but also mistakenly binds to and creates an immune reaction in the cells of the small intestine causing severe damage. There is another form of gluten intolerance, Dermatitis Herpetiformis, in which the IgA antigliadin bind to proteins in the skin, causing blisters, itching and pain. This can occur without any signs of intestinal damage. Non-celiac gluten sensitivity is a similar autoimmune reaction to gliadin, however it usually involves the...

Blue-blocking Glasses To Improve Sleep And ADHD Symptoms Developed

Blue-blocking Glasses To Improve Sleep And ADHD Symptoms Developed Scientists at John Carroll University, working in its Lighting Innovations Institute, have developed an affordable accessory that appears to reduce the symptoms of ADHD. Their discovery also has also been shown to improve sleep patterns among people who have difficulty falling asleep. The John Carroll researchers have created glasses designed to block blue light, therefore altering a person's circadian rhythm, which leads to improvement in ADHD symptoms and sleep disorders. […] How the Glasses Work The individual puts on the glasses a couple of hours ahead of bedtime, advancing the circadian rhythm. The special glasses block the blue rays that cause a delay in the start of the flow of melatonin, the sleep hormone. Normally, melatonin flow doesn't begin until after the individual goes into darkness. Studies indicate that promoting the earlier release of melatonin results in a marked decline of ADHD symptoms. Bett...