Step #1: Eliminate the U.S. Penny ($0.01) Coin.
Step #2: Replace the U.S. paper Dollar ($1.00) with a U.S. Coin Dollar, universally.
These two easy, if unpopular, changes would save billions over a 10 year period, would bring the U.S. in line with other nations currency styles and uses, and really is one of the easiest no-brainers going.
What amzes me is that it will probably never happen.
Why stop there? A nickel costs over 11 cents to produce.
@jamiedupree:@jamiedupreeHouse now holding hearing on replacing $1 bill with $1 coins; GAO says it would save $4.4 billion in 30 years
GAO: $1 bills last 4.7 years on average, while $1 coins are expected last 30 years each
Last edited by 21st Amendment; 11-29-2012 at 03:19 PM.