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RE: People Keep Talking About Paying Off the National Debt. Why??!!

in LeoFinance3 days ago

Hoard your coins, the banksters buy them at face value from the mint, they are treasury money and will survive the frn's collapse.
Every dollar of coins in your jar is a dollar out of the pockets of the people that made things this way.
https://www.federalreserve.gov/faqs/currency_12771.htm

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Indeed!

I wish the dollar coin took off.
But no one really liked it.

And now, it is too late, the dollar coin will be pocket change soon, you know to make change for 50s and 100s

The dollar coins come in 1000usd boxes, if you have a couple thousand dollars sitting in the bank, one would do better with those thousands in boxes in the closet, imo.
Not only can the bank not close with your money in it, but when the change over occurs, the coins should assume the new value.
Gathering them would be a logistics nightmare, there are thousands of tons of coins out there, mostly in the fed banks.
Not many people with change jars nowadays.