Paula had her first panic attack six months ago. She was in her office preparing for an important work presentation when, suddenly, she felt an intense wave of fear. Then the room started spinning and she felt like she was going to throw up.
There is about $1.2 trillion dollars of U.S. currency in circulation. The Federal Reserve Banks distribute new currency for the U.S. Treasury Department, which prints it.
This study concerned the average lifespan of coins and, more specifically, how much the United States government would save if our nation replaced the dollar bill with a dollar coin. The average dollar coin would stay in circulation for 30 years. The dollar bill would stay in circulation a mere 18 months.