$1 coin or $1 bill ?

[Reporter]

http://www.youtube.com/watch?v=ajElviRa-kE

[Xyooj96]

  Explain what you mean please. 

can someone please translate these into Hmonglish for YAX? 
"The move to a coin would cost money in the short term, but eventually save money because paper currency lasts about 42 months — while coins theoretically last forever. Moving to a coin could save $5.6 billion over 30 years, according to the Government Accountability Office. "

he no understand Englishy?? 

[Xyooj96]

No, everything is based on supply and demand. Gold is only a gauge that the world use. It's just a bad time to buy gold. It makes sense in the long run if the $ will continue to decline but if it stays the way it is and other countries continue to prosper, it will only drive up the cost. And middle class people can not afford to invest in gold. Besides that, how can anyone be sure that what they pay for is 99.999 % gold?

hmmm...has the scientific density of gold changed?  
so you cannot get the gold purity?   

from economics back in high school days, i learned that the america monetary system is base on gold. has that changed too?

[parana]

I have over $20.00 of these crapz in the piggybank and I can't see myself carrying a bunch of them for lunch $$.  

[nightrider]

hmmm...has the scientific density of gold changed? 
so you cannot get the gold purity?   

from economics back in high school days, i learned that the america monetary system is base on gold. has that changed too?

Nothing's changed, it just presents opportunity for fraud and too costly to have such investments be appraised. Such services are not free of charge. Do the math and you know why it's not feasible to invest in such.
 

[Xyooj96]

Nothing's changed, it just presents opportunity for fraud and too costly to have such investments be appraised. Such services are not free of charge. Do the math and you know why it's not feasible to invest in such.
 

why not choose the representation form that cost the least? 

otherwise, if gold is the currency then just have gold as the representation of itself. why the need to create representation with additional costs?

[No regret]

In laos there's no coins at all in their money just bills and it's much more convenient.  I perfered it like that, it's easier.

[YAX]

can someone please translate these into Hmonglish for YAX? 
"The move to a coin would cost money in the short term, but eventually save money because paper currency lasts about 42 months — while coins theoretically last forever. Moving to a coin could save $5.6 billion over 30 years, according to the Government Accountability Office. "

he no understand Englishy?? 

glad you looked it up for us, but that's based on the government retiring old bills and reprinting them.  If govt didn't reprint them and just let the old ones fade out, we wouldn't have this issei would we?

[8v10un30sun]

In HK and China they converted the $5 to a coin as well.