#364: Should We Kill The Dollar Bill?




Planet Money show

Summary: <p><em>Note: This week's <a href="http://financialservices.house.gov/calendar/eventsingle.aspx?EventID=312621" target="_blank">Congressional hearing on dollar coins</a> prompted us to re-run this episode today. It originally ran in April of this year.</em></p><p>Legislation in Congress would get rid of dollar bills and replace them with coins. Proponents say coins are easier to use and save the country money in the long run. The bill people say none of this is true.</p><p>So should we kill the dollar bill?</p><p>On today's show we go deep into the nature of money itself, and we find a clear answer to this question.</p>