Coins

MONEY HONEY: There used to be a good economic argument to be made for $1 coins — coins are more expensive to make but last much longer than paper money. But now, driven in part by our increasingly cashless world, that’s no longer the case. In 2011, a typical paper dollar lasted for a little more than three years — now it lasts nearly eight. The Government Accountability Office estimates that the government would lose between $611 million and $2.6 billion over three decades by eliminating the dollar bill (NPR)

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