Tuesday, May 5, 2015

We Need a 21st Century Currency


If you were a business, would you spend ten cents to produce something that was worth only five?  Would you spend two cents to produce something worth only a penny?

Who on earth would make such poor decisions?  The U.S. Government, that's who!  Indeed, the government does spend two cents to produce a single penny and ten cents to produce a single nickel. (*1)  Talk about "wasteful government spending"!

Due to inflation over the many decades, we need to update our currency for the 21st century.