nordanney
2025-03-17 16:36:28
- #1
In the states where the small coins were abolished, it was at least statistically irrelevant.Whether that would really be noticeable is the question.
In the states where the small coins were abolished, it was at least statistically irrelevant.Whether that would really be noticeable is the question.
The elimination of coins does not mean that all prices are in 5-cent increments. In the Netherlands, the total amount at checkout is rounded up or down. Prices like "3.99" and the like still exist. I find this regulation pragmatic, easy to implement, and sensible. In my view, the resource expenditure for small coins is disproportionately high compared to the benefit.And of course, prices would ultimately rise again.
I am also a supporter of cash. And I highly value governmental order when the sovereign is the people. Of course, the prerequisite is that citizens participate. When citizens behave like customers, it quickly ends for many.I believe strongly in minimal government and am therefore an absolute supporter of cash.
But probably not by minting more small denominations on coins again, right? Sometimes I pay cash, sometimes by card, sometimes with a fully electronic service provider – it's good that there is a choice.Sweden and Norway are apparently backpedaling a bit according to a recent report.
But probably not by minting more small amounts in coins again, right?