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To: Oshkalaboomboom
There have been repeated calls to ban the penny in the US as well.

https://www.nytimes.com/2020/07/29/business/coin-shortage-penny.html

https://www.npr.org/sections/money/2020/07/14/890435359/is-it-time-to-kill-the-penny

3 posted on 09/13/2021 8:15:27 AM PDT by Wayne07
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To: Wayne07

“There have been repeated calls to ban the penny”

Good.

We need completely new coinage to reflect the massive loss of value since 1964.

$20, $10, $5, $2.50, $1, $0.50 and a brass $0.25 to replace the penny.


15 posted on 09/13/2021 9:15:45 AM PDT by Jim Noble (The nation cannot be saved until the GOP is destroyed)
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To: Wayne07
There have been repeated calls to ban the penny in the US as well.

I read that it costs more to make a penny than the penny is worth. If that is the case it should be banned.

25 posted on 09/13/2021 10:39:41 AM PDT by Sans-Culotte (11/3-11/4/2020 - The USA became a banana republic.)
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