return2ozma@lemmy.world to News@lemmy.world · 1 month agoStop making cents: US Mint moves forward with plans to kill the pennyapnews.comexternal-linkmessage-square130fedilinkarrow-up11arrow-down10
arrow-up11arrow-down1external-linkStop making cents: US Mint moves forward with plans to kill the pennyapnews.comreturn2ozma@lemmy.world to News@lemmy.world · 1 month agomessage-square130fedilink
minus-squareepicstove@lemmy.calinkfedilinkEnglisharrow-up0·1 month agoWell, getting rid of the penny was always kinda a good idea. It costs more to make one than it’s actually worth. Here in Canada we killed our penny years ago. The US used to have a half penny, but it was killed over 100 years ago. Minting such a small amount of change that sees almost no practical use is pointless.
minus-squareImADifferentBird@lemmy.blahaj.zonelinkfedilinkEnglisharrow-up0·1 month agoHonestly, I’d be fine with killing the nickel too. Just start pricing everything in tenths of a dollar instead of hundredths.
Well, getting rid of the penny was always kinda a good idea. It costs more to make one than it’s actually worth.
Here in Canada we killed our penny years ago.
The US used to have a half penny, but it was killed over 100 years ago.
Minting such a small amount of change that sees almost no practical use is pointless.
Honestly, I’d be fine with killing the nickel too. Just start pricing everything in tenths of a dollar instead of hundredths.