On 27/12/2011 22:20, Jarle H Knudsen wrote:
On Tue, 27 Dec 2011 17:09:56 -0500, Bolwerk wrote:
On 12/27/2011 1:00 PM, wrote:
SEPTA, unlike NYC, accepts dollar bills on its buses. I don't know
why NYC's fareboxes aren't set up to handle that.
Because it's time consuming and a pain in the ass. Dropping change in
is easy and you can use dollar coins - though I suppose the downside to
dollar coins is about the only place I can readily find them is in
transit vending machines.
I'm amazed you still use one dollar bills. Why haven't they been phased
out?
A number of reasons, I have read. One is the reluctance by the US public
to accept them. Another is the fact that the unions representing workers
who print dollars are very strong and they would not take so well to the
the dollar note's elimination.
Another one, so I have heard, is psychological. The symbol of the
one-dollar bill itself represents one of the world's most powerful
currencies. Take that away, and what have you got.
It might be worth mentioning that they still have a one-pound note in
Scotland, the Bailiwick of Guernsey, Jersey and the Isle of Man, though
I can't remember if they still have one in Northern Ireland. They are
all part of the Sterling zone.