Doing away with the dollar bill?

yeah, carrying a fanny pack might really get in the way of the 'view' 

I've heard that in Canada the trick is to see if you can get the Loonie to stick to the strippers butt

Planet Money did a podcast on this a while back...

http://www.npr.org/blogs/money/2012/11/29/166103071/no-killing-the-dollar-bill-would-not-save-the-government-money

Never fear. This is one issue that WILL get solved even if congress has to hold a special session. 

Simple solution would be to just fill up those conveniently placed ATM machines with house stripper bucks. Put in your card, get a version of monopoly money that you can spend like real cash inside. Kind of surprised they don't do this already.

You will have to watch out for getting charge with assault if you "make it rain"...  That could hurt.

I didn't read the reason.  But it seems TO ME, that stamping coins (and the metal) is more expensive than printing paper.

What they SHOULD do is just elminate the penny (sorry Abe Lincoln).  Save the copper and the stamping.

Just round prices to the nearest nickle.

One of their reasons was the circulation time.  Dollars have to be replaced every 4 years where coins will last 30+ years.

Either way, it's the government, so it will cost more money no matter what they do.

its not a bad idea really.  I kinda like it.  Then again I am one of the few guys who want a coin holder in my wallet.  I am sure this will push more of that. .

As for stripper bucks.  I am not sure if I would do that.  Might be easily faked.  Especially in a dark lighting.

You don't go straight to the Champagne Room?

So, uh, up here in Canada - our gov't announced this year that the penny will be phased out - it will take a long time.  AND we are getting all these plastic bills - kinda cool too -- they are finally more in circulation - they feel weird but are cool (my hubby had a few yesterday) - http://www.huffingtonpost.ca/2012/05/02/new-20-bill-plastic_n_1471122.html 

As for the coins - they do last much longer - and it's kinda nice when you pull out a handful of change and see you more than 10 bucks for just few coins.  Easier for vending machines and such once they are converted ... 

But really i think the success of the Loonie is about having a fun name for the coin. What would you call yours? 

minting coins is much more expensive than printing money but it lasts in circulation much much longer than paper, so overall it is cheaper to issue coins than $1 bills.

BUT, they have done this in test markets in the past and find that people don't spend the $1 coins.  they keep them as collectors things, give to kids, or just forget to carry them with them to buy stuff.

in europe many men's wallets have a large coin pocket on the outside.  that doesn't exist here.  it would be really difficult to make this happen without forcing it through - vending machines would have to stop accepting $1 bills, you can't do it in "test markets," or people will go out of their way to get bills, wallets have to get on board, etc etc etc.

See, they removed the $1 bills from circulation over time and then the $2 bills when i was early in high school and we did the same thing keeping the bills as collector items. I was too young with the $1 but i do have an old $2 bill somewhere ... kind of fun to pull out every once in a while 

Agreed.

Three singles would have helped more.