Yeah! My personal beef is that I feel like I shouldn’t have to have any denomination of currency that can’t be used by itself to purchase something meaningful.
Like, a quarter can’t buy anything on its own anymore. A dollar can’t in most cases, so why bother with all this little change?
We should have revalued the dollar after going off the gold standard to avoid this, but turning $10 into $1 would not be popular for market cap (goodbye, trillion-dollar companies). Oddly enough, the introduction of the Euro didn’t seem to cause financial collapse when several countries had to suddenly shift to a new scale.
Yeah! My personal beef is that I feel like I shouldn’t have to have any denomination of currency that can’t be used by itself to purchase something meaningful.
Like, a quarter can’t buy anything on its own anymore. A dollar can’t in most cases, so why bother with all this little change?
We should have revalued the dollar after going off the gold standard to avoid this, but turning $10 into $1 would not be popular for market cap (goodbye, trillion-dollar companies). Oddly enough, the introduction of the Euro didn’t seem to cause financial collapse when several countries had to suddenly shift to a new scale.