The economy, explained, with stories and surprises. Imagine you could call up a friend and say, "Meet me at the bar and tell me what's going on with the economy." Now imagine that's actually a fun evening. That's what we're going for at <em>Planet Money</em>. People seem to like it.
December 14th, 2011
Episode 433 of 902 episodes
Earlier this year we reported on the pileup of more than a billion unwanted $1 coins in government vaults. It was the result of a law passed a few years back that ordered the mint to create coins honoring each U.S. president.Today, the White House said it will end the program. A small number of dollar coins will continue to be minted for collectors, but the coins will no longer be put into circulation. The shift will save an estimated $50 million a year.On today's podcast, we visit a vault full of unwanted dollar coins and talk to the lawmakers who created the program.