Words of wisdom

Tuesday, December 8, 2009

Vindications on the dollar!!!

I am vindicated!!!

[vindicated = "to uphold or justify by argument or evidence: to vindicate a claim"]

Coincidentally, in yesterday's Wall Street Journal front page was an article titled "Miles for Nothing: How the Government Helped Frequent Fliers Make a Mint".  The subject of the article is irrelevant for this blog (but interesting nonetheless).  What is important is the vindication of my blog/rant on pennies and dollars the other day, when I said that coin money lasts far longer in circulation than does paper money.  At the time (3 days ago) I didn't know how long either lasted, but I did know that metal outlasts paper by a longshot.  My vindication:
"Dollar coins save the country money because they can last 30 years or more and can be recycled, the Mint says. A paper dollar in circulation lasts only about 21 months, says the U.S. Bureau of Engraving and Printing."
WOOHOO!!!

Um ... I guess that's all.

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