Currency Changes – Not Far Enough

Interesting commentary on the move to drop the penny from circulation.

I tend to agree that the 5 cent coin should have been eliminated in this move.  The new 1 cent coin should be the dime.  Where I differ with the opinion is that I believe the quarter should be replaced with a 50 cent coin.

The other big change that I believe our financial system needs to get on board with is more and more electronic payments.  Moving cash and coins is expensive.

 

About Les Routledge

Les Routledge has over 20 years experience with the process of advancing and commercializing new technologies. He has worked in the Telecom-Internet, Broadcast/Media, Transportation, Agriculture and Energy sectors of the economy. He currently operates a livestock and forage farm at Killarney Manitoba.
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