Saturday, February 24, 2007

Change(v.) for Change(n.)




Article of the New Dollar

Four score and many years ago, to be more specifically 1979 and 2000, our fathers brought forth on this continent, a new coin. The one dollar coin to be precisely but it just didn’t catch on the way it should have. Efforts were put forth to be rid of one dollar bills and integrate one dollar coins with the famous faces of Susan B Anthony and even Sacagewea but to no avail, all these coins were laid to rest along with their American heroes. Coins, as used in many countries is a wonderful currency for smaller bills because it allows the circulation to last longer. Countries like Canada, China, Europe, and many more all use smaller dollar increment coins to conserve. However, this being American we have already included the dollar bill into our culture and simple plans set by the government just might not be enough.

The new coin will take much longer to catch on. Americans have taken upon themselves mentally that coins are known as worthless change. While this idea stays in our heads, it is hard to get the one dollar coin into use. Moreover, we find that carrying change is heavier in comparison with a bill. Wallets are built to carry bills and especially in most male wallet, there is just no compartment for even carrying change. Finally, what will we do when the dollar coin has rippled its impact on our businesses? Stripper clubs that are built on the foundation of dollar bills tucked into clothing will prove quite negatively when attempted with coins. In years pass, there have been attempts with magnetic clothing but that has proved to go ghastly wrong. Machines of all types have to change too—including gaming, vending, and service providing—and these are not cheap details to do so. The government maybe considering changing the way we deal with money but it doesn’t realize that we are also changing the way American citizen think. So by trying to offer President’s heads on 37 coins over the next 9 years won’t be as effective as offering 50 states on quarters. One point being: We already use the quarter.

No comments: