UK VAT situation could cause coin shortage

[stonej]

http://www.dailymail.co.uk/money/article-1111554/Coin-shortage-crisis-looms-Darlings-VAT-cut.html

[oly]

On Jan 11, 10:27 am, stonej <sto...@mail.lib.msu.edu> wrote:
> http://www.dailymail.co.uk/money/article-1111554/Coin-shortage-crisis...

The United Kingdom is far more coin-oriented than the U.S.A., as the
smallest note is 5 pounds (or about 8 dollars). Two pound and one
pound coins are used all the time. It is hard to imagine a coin worth
three or more dollars circulating in the U.S.A.

oly

[Mr. Jaggers]

Not for me, it isn't. I can imagine it quite easily. It'll happen as soon
as the politicians stop their pious preening and get down to business.
Wait, I can't imagine that happening, so cancel that previous statement.

james