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This topic comprises 2 pages: 1 2
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Author
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Topic: Money
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Ian Price
Phenomenal Film Handler
Posts: 1714
From: Denver, CO
Registered: Jun 99
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posted 06-09-2000 01:43 PM
I know this may be off subject for all you gear strippers out there , but...As a consumer and a cashier, I am interested in your opinion of the following. I think money needs to change a little and this is what I propose. 1. Stop minting and distributing pennies. Tell the merchants quietly to round up or down to the nearest nickel. 2. Stop printing and distributing paper dollars. Mint lots of those Indian lady coins and distribute them. 3. Have ATMs give out more than $20 bills. Can we get some $50s or $10s with that? The ATMs in Vegas only give out $100s. I am tired of pennies and I think $1 in paper wear out too fast. This is just my opinion. I am not advocating making the penny or paper dollar obsolete, just to have the treasury stop supporting them. What do you think?
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John Pytlak
Film God
Posts: 9987
From: Rochester, NY 14650-1922
Registered: Jan 2000
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posted 06-09-2000 02:21 PM
Ian:I'm sure that the US Mint would be very happy if people accepted the use of a dollar coin instead of paper dollars, since it would have a much longer circulation life and reduce costs to the government. Recall that at ShoWest, the Mint gave a presentation (and free souveniers) to theatre owners outlining all the advantages, and outlined their extensive PR campaign. I personally was impressed with the program, and really like the look and feel of the new dollar coin. Here is their "Golden Dollar" site: http://www.usmint.gov/GoldenDollar/default.htm As you know, other areas of the world (e.g., Canada and the UK) are way ahead of the USA on using coins for the basic currency. Pennies have always been a pain, since inflation has made them virtually worthless. But the general public fears that merchants will always round prices UP, if the penny were eliminated. Being an "old timer", I'll still stoop to pick up a lost penny on the street --- many of the "younger generation" won't bother. Like most people, pennies just seem to accumulate around the house, and I have to make an effort to cash them in. As far as ATMs, that's a bank decision. I've seen some ATMs that can give a mix of bills, but to cut manufacturing costs, some only can handle only one denomination, usually $20 bills. When I use an ATM that can handle a mix of bills, I withdraw an amount that requires the ATM to give me a mix. The latest trend seems to be purchasing movie tickets via the Internet or from a walk-up ticket dispenser that takes credit cards. Prepaid "Movie-Goers" cards (like prepaid phone cards) may also catch on, especially as gift items. Check out the June 2000 edition of Film Journal International --- they have quite a few articles about on-line ticketing. ------------------ John P. Pytlak, Senior Technical Specialist Worldwide Technical Services, Entertainment Imaging Eastman Kodak Company Research Labs, Building 69, Room 7419 Rochester, New York, 14650-1922 USA Tel: 716-477-5325 Fax: 716-722-7243 E-Mail: john.pytlak@kodak.com
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Jim Bedford
Jedi Master Film Handler
Posts: 597
From: Telluride, CO, USA (733 mi. WNW of Rockwall, TX but it seems much, much longer)
Registered: Jun 99
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posted 06-09-2000 04:33 PM
Just got back from Urop and yep, just as John sez, they got some smart money; one and two £ coins in Britain (that's $1.50 and $3 coins) and the 10ff coin that the "French peeples" use is $1.38US. On the other hand, the Brits still use plenty of pence coins and the French have their centime which make the US penny seem to have some real value.BTW, to bring it back to film issues, Luci and I saw all or parts of 32 of the 511 films shown in ten days at Cannes, and would like to report that the good stuff to crap ratio was about 1-4 or 1-5, about the same it is most of the year in most places. Even tho they have the best food in the world in France, never once did I hear "Do you want me to Super-Size that Monsieur." Thank god!
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Brad Miller
Administrator
Posts: 17775
From: Plano, TX (36.2 miles NW of Rockwall)
Registered: May 99
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posted 06-09-2000 04:44 PM
Ian,After pulling over 10 years in management, I feel for you having to count pennies! There is no need for them anymore. In fact, I say we get rid of nickels and dimes too. Let's make it quarters or dollars. Everything is expensive enough today, does it really matter? You might want to take a tip from UA and price your concessions so they end up AT quarter dollars after tax is included. That was GREAT! As to paper money, I like it. I cannot stand jingling as I walk and would be quite angry if the dollar went to a coin. boooo, hisss
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Tyler Skinner
Expert Film Handler
Posts: 115
From: Pa
Registered: Nov 1999
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posted 06-09-2000 05:30 PM
>>After pulling over 10 years in management, I feel for you having to count pennies! <<I like counting pennies about as much as I like licking the toilets of a public restroom... the latter would probably be cleaner, they are cleaned at least once a week... tyler
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