1. Scrap Metal.
- Author
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Maltby, Emily
- Subjects
- *
DOLLAR coins , *CONSUMERS , *U.S. dollar , *BITCOIN , *COUNTERFEIT money , *GREENBACKS (Money) , *AMERICAN business enterprises , *GOVERNMENT policy , *CONSUMER attitudes - Abstract
The article discusses a report which claims that many American consumers and business enterprises dislike the nation's one dollar coin as of March 2014, focusing on the U.S. Federal Reserve and various lobbying efforts to eliminate America's one dollar paper bills (greenbacks). According to the article, the life span of an average coin is over 30 years, while an average greenback last for less than six years. Counterfeiting and the Bitcoin form of digital currency are also examined.
- Published
- 2014