Issachar's Musings

Putting my ideas online where I have to defend or change them.

March 7th, 2010

We’re finally getting the same kind of plastic bills that Australians use, and it’s about time!  Paper bills wear out quickly which is why we’ve been getting larger denominations of coins recently.  There was even talk about a $5 coin.  As a guy who doesn’t likes to use cash and doesn’t like to carry a man-purse around with me, coins are simply a pain.  On the other hand, we were simply wasting money by using paper bills for lower denominations.  The plastic currency is simply better.  It saves money like using coins, but without the hassle of having to carry around a small bag all the time.

Now all we need to do is get rid of the penny and have all transactions rounded to the nearest nickel.  And to the naysayers who might complain that it will raise prices, we always round off the amount due for almost every purchase we make.  Calculations of sales tax will almost always give you fractions of pennies and the price of gasoline is actually quoted in tenths of pennies.

Plastic money is the best news I’ve read on the internet all weekend.

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