Arjay,

To paraphrase you,

'Even if we increase our coin usuage by $20 per week per working person, we increase the amount of coin in circulation by a total of about $200 million, and since we don't accumulate coin indefinitely, but spend it, we put it back into circulation fairly quickly, usually within the week.'

Have I got this all wrong ? I have a lot of jingle money on the table here, but it will be gone in a few days, to be replaced eventually by about the same amount. Should I have a mountain of it, not just a molehill ?

What I'm saying Loudmouth is that we force our Govt mint to create debt free money by increasing our demand for coins.

I think it is worth a serious study.Even create a $5 and $10 coin to reduce the amount of debt money created.We could even add bit of silver to it as an hedge against inflation.

And what I am trying to say, Arjay, in my clumsy way, is that the government mint has to produce only about another $100 million in coin to keep up with demand. After all, what you are suggesting is that, in addition to the amount of coin you and I carry around day-to-day now, each of us hangs onto another $ 20. Not $20 more each week indefinitely into the future, just a one-off extra $20.

Even that's a fair bit of coinage to lug around. My trousers won't take much more strain :)

joe/quote..""state-sanctioned promissory note''

it was..till the bankers took control over the fed and the mint

[the constitution [115]..say's..
only gold and silver COIN..are legal tender]

notes have on them a promise in weight
pounds=weight...dollar=weight..penny/weight etc etc

the dollar is redeemable for what...coin..[by weight]

a promise..to pay...""that says that you are guaranteed by the state to get one hundred dollars' {WEIGHT in coin}...worth of stuff, or labour, in return for this note.""

this note promises the bearor..uipon presentation to any common wealth bank..the value in coin..[who's weight in the old days represented one pound of sterling silver

""And coin is simply another form of promissory currency:""

no the coin..is..*the real
that puts value..to the fiat./paper promise

""you can exchange it..for the face-value's worth of goods or services,..regardless of how much the coi.. actually cost to manufacture.""

the mint sells..real silver/dollar coins
[30/40 bucks]..thats how much the coin's face should be worth

the face..on this 30/40 dollar cost coin
is only 1 dollar

clearly only a mug
would use it at face values

it was the same with the sterling/silver round 50 cent coins
which when i last bought one cost 7 dollar each[ie the silver metal value]

im not saying..make the coins real gold or real silver
[only that their face value..be moved closer
to what they would[SHOULD have been..

if the silver/gold/copper
wasnt STOLEN*,from the coin at decimalisation..and the 90's

""A dollar's worth of Fisherman's Friends""

is 9 grams weight..is a dollar

fishy fiends..""will cost you a dollar in coin,
no more and no less. Two dollar coins can be exchanged for a two-dollar note, no more and no less.""

your missing what im trying to say

first there is no two dollar note anymore
[wether its to kep the number of coins the same..to hide the sneaky theft of copperr coin..or someother reason

the simple thing is if you had...a sterling silver 5 cents piece
you would hold in that one coin..2.83 grams of silver..

[worth today arround a dollar

heck they been stealing
the gold/silver from our coin for ever
once upon a time..a penny was equal to a threepence of silver content

till they became monsterous lumps of copper weighing 2 ounces
i bought one..cost me 30$..[ok not 30$ of copper]
but heck..collectable coins are few..and i got here late

""The state guarantees it, or rather the Reserve Bank does.""

the QUEEN ASSURE's..[ausauages]..[assays]..THE QUALITY
of the metals in the copin age

her head is stamped on..*debased face value
its hrh..who has lost face

as well as those who deflated..the cost of a 3 pence coke
[getting a penny back on the bottle]
up to 2/3 dollars a can..

inflating[quantive easing]..by the fed licence
not govt order

a dollar used to buy
a feed of fish and chips for 4
plus a big..box of candy for mum...

[i know cause im the spendthrift crawlwer..who dun it]

try doing that under 30 dollars today

thats how much real wealth..has been stolen from us all

so bring coin back to the people/govt
and let the bankers play with the rest

just return true values..back into the face of coin
linked to their traditioonal weight's in silver or gold
..wrote large upon their face

recapitalise the consumer
with pennies now worth dollars to spend

notes renmain unchanged
though i do miss the dollar notes
still got a few..they could be collectable one day too

Yes, OUG, whatever. Life's too short.

And Arjay, if people had to walk around with another $20 of coins, even if they were $10 and $20 coins, they would weigh as much as they were worth. And presumably they would weigh their equivalent weight in the market-worth of their materials. So the weight of a $10 coin might be equivalent to, say, an ounce of silver-nickel alloy - it would weigh an ounce, and a $20 coin two ounces, and so on. All in your trouser pocket.

Does this show what a complete idiot I am or what ?