We're Economists. We know things about stuff.
So if it only less than $200K in nickels, wouldn't it be cheaper to just leave them there to let people pick up rather than spending probably more than $200K to actually try to pick up a bunch of nickels? I'm not seeing the cost-benefit here. They should clear out the wreckage of course, but the nickels... yeah - maybe they should focus on other bigger issues. Like maybe gathering enough dimes and quarters for the loan to AIG.Maybe just close of that section of the freeway for a couple of hours and let the schoolkids run around and play "let's get some nickels" game.
Dana, your comment was the best thing I've read this week.
From my understanding the transporter is responsible for the recouping the loss of the nickels; the Fed is not. The private transporter now owes the Fed $185k (in nickels I assume).Concerning the actual clean-up, I have no idea who is responsible. I guess it is handled like any accident.
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