It's a problem because then 20 years from now they just waste time doing the same thing (how long did it take this generation to remove pennies?)
Why? Do you think this would be the solution if humans lived for 200 years on average?
Why? Do you think this would be the solution if humans lived for 200 years on average?
The alternative here is to not have inflation and I don't see that happening (especially just to avoid phasing out denominations).
Clearly not true, nor am I advocating that.
It's a waste of time because there are stronger, more lasting measures that can be taken to solve this problem. This whole question reduces to the cost of minting coins.
Why haven't we solved roadworks, you fix the roads but then in 2 years it needs to be done all over again.
Plenty, since there are full articles being written about it.
And my friend, your second paragraph is irrelevant. This topic is about the removing coins from circulation, and my point is that they aren't going far enough if the goal is what they say it is.