Greg Hewgill (ghewgill) wrote,
Greg Hewgill
ghewgill

american currency

When is the US going to finally pull the $1 bills from circulation? They've tried twice to introduce dollar coins, first with the Susan B. Anthony and again with the Sacagawea. Both attempts have largely failed because the $1 bills remain available in more quantities than ever before.

Even the Euro, which is now worth more than the US dollar, has a 5 euro note in the smallest denomination. Same with the Canadian and Australian dollars. What is the American fixation on paper vs. metal being the distinction between more vs. less than $1?

The reason this annoys me today is that I opened my wallet and it looked like I had a bunch of cash, but it was really just $8 in $1 bills.
Tags: money, rant
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