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| Re: The reason NYC stopped building subways (1537573) | |||
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Re: The reason NYC stopped building subways |
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Posted by Andrew Saucci on Fri Feb 7 20:30:39 2020, in response to Re: The reason NYC stopped building subways, posted by Jackson Park B Train on Fri Feb 7 15:51:47 2020. To be precise, in 1965 silver was completely eliminated from quarters except for proof sets. Shortly afterward, pre-1965 quarters disappeared from circulation. Whether that had anything to do with financing the war is debatable (it was probably just costing the government more than a quarter to make a quarter, which is negative seigniorage, which is bad whether you're fighting a war or not). Apart from that, we should have been financing our own subways and not relying on Uncle Sam to do it for us. |
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