money, pennies |
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money, pennies |
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![]() E! Online ![]() ![]() ![]() ![]() ![]() Group: Member Posts: 302 Joined: Sep 2004 Member No: 47,082 ![]() |
do you think the penny should be discontinued indefinitely?
(if they are no longer used. their values still hold. ppl get their money back. rounding occurs.) pennies should be dicontinued because... rolls of 50 pennies cost 60 cents. slow checkout lines (due to pennies) = lost productivity US Mint has to create more pennies because ppl either throw them in the streets or keep them in jars at home (apparently, the Mint has some way of keeping track of the amount of pennies in circulation) US Mint spends .81 cents on minting a penny. Pennies are only a little bit more than that, so US Mint spends more money on pennies than other coins. Pennies are a hassle Cant be used in vending machines or public transportation People face ridicule when they take out a bag of pennies to pay for something pennies should be continued because... they are part of tradition rounding would increase price and consumers would have to suffer the blow charities rely on pennies for donations zinc and copper makers will suffer (pennies are made of zinc and copper) what do you think? |
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