Making Change
I've been off the link kick of late, but this is cool.. Some guy did some math and figured out that with the current set of coins in the states (1,5,10,and 25 cents):
on average, a change-maker must return 4.70 coins with every transaction. and that we could reduce that to 3.89 coins per transaction if we went to a system with 1, 5, 18, and 25. The Canadians could do good with an 83 cent coin, too.
How nifty is that?
They say the 1 cent coin will be dead soon enough, and the dollar bill.. hell, money in general but I still think it will take a lot of time. Alongside the death of the penny will be the death of fiscal privacy and easy tax evasion.
Resist the urge to charge, I say - spend more cash.
I also read a recent article talking about how horrible the proliferation of "gift cards" are. You know those pre-paid Visa cards or Gap cards? Easy for the retailer but bad for the consumer - when you charge $24.14 to your card and have 76 cents left on it you never end up using it up and estimations put as much as TWO BILLION dollars tied up in gift cards in total a year. That's a lot of cash the consumer is letting go. Even if it's only 76 cents to you, don't let the corporates fuck the collective us like that.
Spend cash.
I'm this | | close to keeping my savings under my bed in a cardboard shoe box.
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the guys: philogynist jaime tony - the gals:raymi raspil
