Doing away with the dollar bill may never happen. We attempted it around the time I was born. We attempted it again in the late 1990s, and I don't think out attitudes are going to change this time either. The only place we see dollar coins being used around Cleveland is on the transit system. The thing I like about the dollar bill is that it still tells you where it was issued. If you see a one dollar bill with a "D" on it you will see under the "D" that it was issued in Cleveland, Ohio. On all other bills they did away with making it obvious in which city it was issued!
You'd probably find a lot more bills issued from Chicago than you *ever* would from Cleveland. As Cleveland is the smallest federal reserve district there is, the Cleveland issued one dollar bill is a rarity. Nobody knows there is *still* a Fedederal Reserve Bank of Cleveland. The Cleveland district covers Ohio, Western Pennsylvania, and Eastern Kentucky.
In a way I wish they'd keep it on the bill where it was issued. Increasingly the Federal Reserve wants to centralize it's political power in Washington D.C. more and this means they want to take away the thing that tells you where the note was issued. I guess in Washington, they like to think that places like Cleveland and Chicago just don't exist anymore!
Comments 6
Reply
Reply
In a way I wish they'd keep it on the bill where it was issued. Increasingly the Federal Reserve wants to centralize it's political power in Washington D.C. more and this means they want to take away the thing that tells you where the note was issued. I guess in Washington, they like to think that places like Cleveland and Chicago just don't exist anymore!
Reply
Reply
Leave a comment