Wednesday, January 4, 2012

Day 218: If I Ruled Lichtenstein... You Won't Find A Penny And Pick It Up

In the United States, there are 11 forms of currency up to the $20 bill.  We have the penny, nickel, dime, quarter, half-dollar, dollar coin, $1 bill, $2 bill, $5 bill, $10 bill, and $20 bill. I don't mind having change in my pockets, but all the different types of currency seems silly.

But it's necessary because of the way items in every store is priced. It's rare to find something that costs $10. It will either be priced $9.95 or $9.99. With taxes, that item will end up costing a consumer $10.61.

In Lichtenstein, we're only gong to have paper money in denominations that make sense - $1, $5, $10, and $20. And taxes will either be non-existent or, more likely, included. Therefore, items will cost whole numbers, and when you see an item that costs $10 at a store, you will need just $10 to purchase that item. No more digging for exact change or paying for gas with a bag of pennies.

The only negative I see with this plan is that since there won't be any coin money in my country, people will miss out on the pure joy of finding a heads-up quarter glinting on the ground just begging to be picked up.

I guess people will have to settle for finding lost dollar bills.

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