2001-12-31
They can replace the 1 $ bill in printing with the 2 $ bill. One of the excuses of not wanting a coin is that to make change for a 5 $ bill a person would end up with 5 heavy coins. Not true if the 2 $ bill is included. Then you can have any combination of coin and paper. From 5 coins if needed, to one coin and 2 bills.
There is always a sensible way to accomplish a something. But, the Americans can't seem to do it. We always have an excuse. Sooner or later, we are going to excuse ourselves into a third world country.
Another advantage of the 2 dollar bill, is it would supplement the 1 $ coin until there is enough 1 $ coins to equal the amount of 1 $ bills in circulation.
John
That's how Canada phased out the $1 bill -- but of course the $2 bill was always much more widely used there anyway.
Has anyone heard of the strange superstition about the $2 bill, where if you get one you need to tear off one corner or it's bad luck, and woe unto you if you get one with all four corners torn off? People do a whole boatload of irrational things.
Carleton
