Why would we continue to make pennies and nickels that cost more to produce than they’re worth?
Favorite This! The Problem with Pennies and Nickels
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Favorite This! 4 thoughts on “The Problem with Pennies and Nickels”
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We don’t need no stinking pennies, nickels and dimes. Round up or down!!! Now quarters are awesome.
When I visited Switzerland two/three years ago (I guess three — don’t ask), I was amazed that every transaction was down to the “dime” (1/10th of a Swiss Franc). They do have nickles, but those are rare.
I’ve actually talked with Harry Reid about getting rid of pennies (before he was senate majority leader). He said that anytime the issue comes up in committee it gets shot down by one of the congressmen from Illinois. Apparently, they’re so proud of being the Land of Lincoln, that they don’t want to get rid of the penny just because it has his picture on it.
Boggles the mind.