Posted on 09/25/2024 8:26:15 PM PDT by Red Badger
For the rate to be honest for the value lost in the dollar in the last 100 years... a penny would have to be declared to be a dollar.
Are they going to put bumblebees on them?
There’s an interesting story behind the nickel. In 1967, I remember it was, I got up in the morning and made myself a piece of toast. I set the toaster to three: medium brown.
?.....................
Sounds like a monetary ‘solution’ implemented in some far flung province of a disintegrating empire, not modern fiscal policy.
We can't bust heads like we used to. But we have our ways. One trick is to tell stories that don't go anywhere. Like the time I caught the ferry to Shelbyville. I needed a new heel for m'shoe. So I decided to go to Morganville, which is what they called Shelbyville in those days. So I tied an onion to my belt. Which was the style at the time. Now, to take the ferry cost a nickel, and in those days, nickels had pictures of bumblebees on 'em. Gimme five bees for a quarter, you'd say. Now where was I... oh yeah. The important thing was that I had an onion tied to my belt, which was the style at the time. You couldn't get white onions, because of the war. The only thing you could get was those big yellow ones...
(and no, you don't get paragraphs for Grandpa Simpson rambling)
In this roaring economy, I finally found my first 2024 pennies. And I’d been looking. Every year since the early ‘70s, I’d find the new coins in April. Still haven’t seen a ‘24 nickel or dime. Two of the quarters, but not many of those.
The Babylon Bee got outflanked again!
I was shocked recently to find out the cost of a physical newspaper of my local liberal rag is now $4 for the regular daily edition. Not that I would ever get one but the price did shock me. When I was a kid they were a dime.
Irish coin art is the most beautiful in the world
Well, why not.
They have already made dollars to be pennies in buying power.
A centsless act
And then? Come on, man! Don't leave us hangin'!
Regards,
Pennies used to be made out of copper. Then the copper in them became worth more than a penny so they became copper coated Zinc. What is next? Copper coated steel? (By the way try and find a 1943 penny that is not steel, if it is copper it’s worth a lot)
I remember reading something about the 1-lira coin being used by clothing manufacturers as button backs. Pennies here became useless when they started making them out of copper plated zinc.
Might as well do it...1904-1982 pennies are already worth 2.9 cents (melt value):
https://www.coinflation.com/coins/1909-1982-Lincoln-Cent-Penny-Value.html
Other coins (i.e. pre-2014 nickels):
That’s about $2.5 billion in pennies.
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That would instantly create 4 x 2.5 billion = $10 billion of money out of nowhere. Stupid idea.
Tools bee needed to preface his response with, “I was born in a middle class family, and people were proud of their lawns.”
Make the penny out of pure copper. Then it will be worth a lot more than one cent. Say...maybe we could mint larger denominations out of silver. Gold even! Now that money would be worth something.
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