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It costs a lot of money to make coins. With inflation appearing to always be just around the corner, the government if afraid of investing tons of money to mint
by compay 18y ago
It costs a lot of money to make coins. With inflation appearing to always be just around the corner, the government if afraid of investing tons of money to mint coins that could some become worth significantly less than the metal they're made of.
- jyothi 18y agoThat is true. May be the govt should print notes for minor denominations too. They are the government they can legally launch a new currency note, can't they ? The govt seems to be losing a lot more money with the shortage, like people forced to give free rides on subway.