I found this 4-year old post during a totally unrelated search. I’m not sure if the idea of a $25 bill is a good one or not, but the graphic of the concept is beautiful, and the argument for a Kennedy note to replace Jackson is reasonable and even a bit compelling. ~ Mike
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The Kennedy $25 Bill: A Good Idea Whose Time Has Come
I used to run a business and as a joke my office wall featured a little plaque that read, “If it makes sense, it’s against company policy!” About a month ago I was sorting out my pocket change and stopped to frown at the pennies, nickels, dimes, and quarters for a moment. Then I glanced at a pile of currency comprised of ones, fives, tens, and twenties. It was then that I wondered why the United States produces a 25-cent coin but only a 20-dollar bill.
Wouldn’t it make more sense for the Bureau of Engraving and Printing to produce a 25-dollar bill? Using this method it would only take four “25s” to make 100 dollars instead of five 20s. For every four 25-dollar notes produced by the B.E.P. the country would save the expenditure of making one 20; effectively saving the nation 20% in the production costs involved.
The “twenty” is one of the most utilized forms of currency today, however the note has a shelf life due to wear and tear of only around two years at best. Most people don’t know that the Federal Reserve destroys 7,000 tons of no longer usable currency a year. With that kind of turnover, finding an excuse not to print one out of every five only makes sense to me.
On that note, (sorry for the pun) I would like to propose to the powers that be my own idea of what the “25” might look like.
The artwork for the suggested “Kennedy Note”, by Jet Gardner. Beautiful to behold. ~ Mike
READ THE REST OF THE ARTICLE HERE: http://blogcritics.org/the-kennedy-25-bill-a-good/
