Canada uses a $1 and $2 coin instead of paper, should the US do that too?
360536
no way..\nits much more easy to have paper on you than coins..
26708
Many possible answers.  You have a dollar bill, a dollar coin, and two non-American coins.
603065
1976 was the last time the Canadian dollar was at par  with the U.S. Dollar. In the fall of 2007 It is possible that this will happen again.
265591
Not many bills make it out into circulation.  They are scanned by both machine and eye several times.\nValue of the 2 dollar bill is 2 dollars.  There isn't a big market of collectors for misprinted bills.
904030
Absolutely!!  The second president "Jefferson" is on it.\n\nI have found many people not liking the bill only for the fact that the change drawers of cash registers do not have enough room the way it is so another bill is just annoying. \n\nOn the other hand, though it is legal tender, alot of people tend to think it is rather special and end up tucking it away like it is a rare piece to add to their collection.  The same goes for the dollar coins, no room in change drawer, too close to the quarter size and people just don't like them.  Now the government is coming out with MORE !  They don't care if you use them or not, they make money off people hoarding them thinking they are something special when really they are not!\n\nI make a habit of going to the bank and getting rolls of the coin dollars and the stacks of the $2 bills, which I give out as tips at restaurants and spend just to get them out in circulation.
874713
I don't understand why this is a big deal. Most other countries already do something along this line, and it's a simple fix. Canada has a pattern of raised dots in the upper right corner of their banknotes. Mexico is presently issuing banknotes with raised marks in the upper right hand corner. On Japanese banknotes, the raised dots are in the watermark area.\n\nThis is a case where the US trails behind the rest of the world. These markings are also a good anti-counterfieting measure (along with the iridescent bands used on the Canadian, Mexican, and Euro banknotes) and holograms (Used on Canadian and Euro notes). This is a case of the US being kind of stupid, since they don't want to spend money to make the US dollar harder to fake.\n\nComments?
1182019
there are many and there are several more modern variations, because ha'pennies are in short supply now.  When I were a lad we played football or sometimes rugby with coins - it involved three 2p coins (the half p coins being quite tiddly by then) and some weird thing you did with your hands.   Ah, those were the days, shoite so they were...
694901
As one of my finance professors so clearly stated it... "In God We Trust".  It is on every piece of paper and coin in the US.  There is no backing or "gold standard" of the almighty dollar anymore.  It is really just a highly accepted form of trade for a common tool for bartering.
1025212
Totally agree. Of all the coins I always have pennies laying around and I never take them back into the bank because I don't want to take the time to count them and package them. That is the reason they want to get rid of them. People horde them and because of the cost of making a penny it really isn't worth it in the long run.
267714
I don't understand your question.\n\nwhat exactly do you mean by \n"It used to be an american could go across to Canada and get an extra fifty cents per American dollar."\n\nDo you mean an American used to get $1.50 Canadian Dollars for his United States of America Dollar?
336564
Currently 1 US Dollar equals $1.14 Canadian. The opposite is that 1 canadian dollar equals .87 US cents
305502
a quarter and a nickel because if one of them is not a nickel then try the other. Hah ha!!
164951
In the US you can't get anything for a penny anymore.  However, you can get a lot of advice for 2 cents.
328470
It's not just paper and ink.  It has value because it is secured by the strength, reliability and stability of the US Gov't.  When you exchange money for something valuable (like food or beer), the merchant accepts the "paper and ink" because he has faith the the US Gov't will honor that currency when he goes to buy something useful with it.\n\nSimply printing more currency without proper federal accounting will cause an increase in supply, which would devalue that money proportionally.
548100
It is about twice as much. So a dollar in the US will be worth about two dollars there.
957597
No... Merchants already make adjustments for the worthlessness of the penny by give adjusted change, - or by having a give-and-take "thingy" near the register.\n\nBesides, taking it out of circulation will just cause people to hoard them, - thinking that they will be valuable.
64719
This is a really WIDE-ranging question, and it's practically impossible to give you a good answer that's practical for use. Fed Reserve prints money, essentially, "increasing the money supply" (counterfeiting) on demand. It is private, yet govt controlled. The govt simply placed it in "private hands" so they could get away with their political sleight of hand without having to worry about the Constitution. The IMF, of which the US is a member with about 17% of the clout, loans federal reserve funny money and usurious rates, then, eventually, puts anyone small (only large companies can afford usurious rates) out of business, out of house, home, food, and everything else. Ask Jamaica. The federal govt, in taking us off the gold standard, has sentenced the US to eventual economic death.\n\nGo to the web and search for Liberty Dollar. You can trade $10 in federal funny money for real silver, and $1 for silver certificates backed by real silver. If enough of us used this, we could make the US financially solvent again, over the years.