>>12102419 (pb)
Yes, this is true. I think it would make coins very valuable again. I am thinking a penny would be worth $1, a dime would buy a decent restaurant lunch and so on. This would be a huge and instantaneous closer of the "wealth gap".
Our farmers market (I don't go there now that it was "corporatized") used to allow you to buy $5 wooden coins that you could carry over year to year. I guess some of the farmers didn't have the option, initially, to accept "electronic money" and lot of people didn't carry cash. So you could get these "coins" with your debit or credit card.
Got me thinking about money and alternative currencies, etc. I've been revisiting this idea recently. Simple solution to me is to use the cash we already have except for the trackable larger bills. Make coins great again!
I wish I could say this idea was my own. I had a funny experience once when I gave someone a dollar or some small amount as a tip. Had the impression: "You are giving them a lot of money." ??? Strongly felt that small bills, even the coins would become very valuable. This would be a great help to the poor, many of them probably, like me, have scads of pennies lying around the house.