Thursday, April 2, 2009

The Poll

I have people ask about the poll.  "Why do you have the ' More harm than good choice'? "

I have that option because some people have told me that they think it will cause trouble for the banks and the Federal Reserve with all those coins coming coming back into the banks.  I have heard people say that the Federal Reserve has come to expect that there would be a certain amount of coins left dormant and to have millions, if not billions of dollars in coins suddenly showing up in circulation will be a really bad thing instead of a good thing. That it would be tantamount to printing more money.  What do you think?e


1 comment:

  1. I think the Federal Reserve knows how much money is out there in coins. With the economy the way it is I think they are probably expecting that people will start doing just as you suggest. Some people just seem to look for trouble where there is none. I think this is a good idea.