money issues
Many people are probably talking about the new George Washington $1 coin that the U.S. Mint released today. I think people are missing the real news: in 2010 we're getting a Millard Fillmore coin!
I really wonder what the Mint is thinking. With the collectible 50-state quarters, so many people hoarded them that there aren't very many in circulation. I'm not sure if that's the point or not. I know the mint has been trying to get $1 coins to catch on for years (coins have to be replaced less often than paper so it would save the Mint major $$) and it just seems that, while these will be noticed, they will be hoarded and collected and will never reach circulation in serious numbers.
I honestly think that the only way they are going to get the $1 coin to catch on is if the Mint prints them in the quantities they do dollar bills today and stop printing as many bills. Just force everyone to switch. Oh - and soda machines have to take them too.
While i'm on the money topic...
Do stores get to report my "cash back" at the register as revenue? Instead of just a toothbrush for $2, they are just "selling" me a toothbrush and $40 in cash for $42 on my debit card. If so, doesn't that ridiculously inflate revenue and earnings?
Anyone know how that gets reported?
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2 comments:
Millard Fillmore has the same birthday as me. Same month and day, that is, not year.
Millard Fillmore????? They're going to celebrate a 1 term president from 1850 that was a member of the "Know Nothing" party???(That was really the name of the party)
Father-in-law
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