Thursday, January 23, 2014

Cookin' up new coinage

Looks like the U.S. Mint is getting serious about re-writing the recipe for some of our American coins.

So says the Wall Street Journal:
The U.S. Mint is considering a change to the mix of metals it uses to make quarters, dimes and nickels, a study Congress mandated in 2010 to examine ways to save money. If the materials are altered for the first time in half a century or more, some coins could have new colors and weigh less.
Government keeps telling us inflation is nil. But what I pay for stuff tells me otherwise.

Is the government prepping new coin options now - in anticipation of a coming inflationary wave that will be undeniable?

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