Avoiding a Meltdown : Managing the Value of Small Change

To prevent a shortage of small change, the U.S. Department of the Treasury recently prohibited the melting and exportation of pennies and other coins. The problem arises because pennies and nickels are made of inappropriately expensive material, and there is or soon will be a profit to be made from transferring their content to alternative uses. The author provides a historical context for the problem of small change and discusses possible remedies

MoreLess

Year of publication:	2008
Authors:	Velde, François R.
Publisher:	[S.l.] : SSRN
Subject:	Bewertung \| Evaluation \| Kaufkraft \| Purchasing power \| Münzen \| Coins

More details
Report error

Extent:	1 Online-Ressource (12 p)
Type of publication:	Book / Working Paper
Language:	English
Notes:	In: Economic Perspectives, Vol. XXXII, No. 1, 2008
Source:	ECONIS - Online Catalogue of the ZBW

Persistent link: https://www.econbiz.de/10014220077