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How are policies made within the US Mint?

I am interested in learning who controls the destiny of the dollar bill which should no longer be printed in favor of a dollar coin exclusive use.

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  • Anonymous
    1 decade ago
    Favorite Answer

    Since Congress created the United States Mint on April 2, 1792, it has grown tremendously. The United States Mint receives more than $1 billion in annual revenues. As a self-funded agency, the United States Mint turns revenues beyond its operating expenses over to the General Fund of the Treasury.

    Mission

    The United States Mint applies world-class business practices in

    making, selling, and protecting our Nation’s coinage and assets.

    — U.S. Mint Strategic Plan

    The primary mission of the United States Mint is to produce an adequate volume of circulating coinage for the nation to conduct its trade and commerce. In recent history circulating coin production has varied between 11 billion and 20 billion coins annually. In addition to producing coins, the United States Mint has other responsibilities, including the following:

    Distributing U.S. coins to the Federal Reserve banks and branches.

    Maintaining physical custody and protection of the Nation's $100 billion of U.S. gold and silver assets.

    Producing proof and uncirculated coins, commemorative coins, and medals for sale to the general public.

    Manufacturing and selling platinum, gold, and silver bullion coins.

    Overseeing of production facilities in Denver, Philadelphia, San Francisco and West Point, as well as the U.S. Bullion Depository at Fort Knox, Kentucky.

    Receiving, redeeming, and processing mutilated coins.

  • dVille
    Lv 4
    1 decade ago

    Kaadbear is not knowledgeable about the Dec. 23, 1913 law that removed Congress from coining and setting the value of money.

    The power was given to the banking industry by a duped Congress and the then President Woodrow Wilson, given to believe that the word "federal" in Federal Reserve was a part of our government when in fact it was given away to the World Bank.

    So the short answer to your question is the Federal Reserve.

    To show how insidious the FR is...Pres. John F. Kennedy had a Silver certificate printed during his term which was for the government and not for the banking industry. Shortly after his death these certificates were removed from circulation and can

    be found at currency investors and coin shops.

    People draw their own conclusions about the events that took place.

    If you would like to read more about the un-federal Federal Reserve go to: http://apfn.org/apfn/reserve

  • Anonymous
    1 decade ago

    The US Mint is responsible for printing coins, not bills. The printing of bills is handled by the United States Bureau of Engraving and Printing, which is under the United States Department of the Treasury. However only Congress has the authority to print money (Article 1, Section 8). So contact your Representatives in Washington D.C. to voice your opinions.

  • 1 decade ago

    I don't know about you, Kasey, but I find it much easier to carry paper dollars than to carry dollar coins. It will all depend on how quickly the government can sell us on using the coins, and then, of course, they will do away with pennies, etc....

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  • Anonymous
    1 decade ago

    darling you need to read chuck misler engine of power federal reserve

    you have been duped

    http://www.populistamerica.com/the_federal_reserve...

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