Thursday, April 05, 2012

Coming Back Like a Bad Penny

Actually, maybe ALL pennies are bad.

Canada has decided to get rid of them.

US is considering same. What do you think, folks?

9 comments:

The Spivonomist said...

The Kiwis got rid of them years ago. Good riddance to bad rubbish, says I.

They're pretty good for flicking at people's heads though. Bottlecaps don't have that nice aerial buzzing noise that makes the US one cent coin sound so threatening.

T Gorman said...

Time to ditch 'em. They harken back to a time when a dollar had real value, right down to its 1% constituents. That era is long past, as you probably noticed; those faux-copper coins now clutter your living space and have become as useful to commerce as navel-lint.

Anonymous said...

I throw pennies away if I pay with cash and get pennies back, unless there's a coin collector at the cashier.

Mike said...

Over here in Mauritius, where the MUR is about 30 to the dollar, there is a rupee nickel. Worth less than $.002.

I can't stand it when I get those.

It is a great mystery to me that every transaction is not rounded off to the nearest rupee.

Tom said...

I've wanted to get rid of pennies for at least ten years. Now, it's past time to dump the nickel, too.

Chris Lawrence said...

If Congress repealed the law against melting them down, my guess is they'd be out of circulation in a heartbeat.

Hasdrubal said...

I'd prefer to see prices listed inclusive of tax, first. Getting rid of the penny sounds like a great way to sneak out an extra couple fractions of a percent of free revenue for retailers. (Seriously, who thinks change will be randomly distributed with equal probability of 2- cents as 3+ cents being given back if stores can round?)

I think Americans are too fond of precision to accept penniless, and therefore rounded, change. I remember a man on the brink of violence when he get shortchanged at McDonalds because the cashier didn't have the last two cents in his drawer and didn't just give him a nickel instead.

Walt said...

Are you asking for our two cents worth?

Doc Merlin said...

The wages of inflation.