Free Republic
Browse · Search
News/Activism
Topics · Post Article

To: LexBaird

It was time to abolish the penny long ago. They’re clutter. They can’t buy anything. I have enough of them that I think they’re a threat to the structural integrity of my house.

Will prices be rounded? Sure. They are now. Unless your produce weighs precisely one pound or your gas is precisely one gallon, the price is being rounded to the nearest cent. Actually, scratch the latter case — gasoline is already priced at, say, $3.109 a gallon. That weaselly little nine-tenths of a cent is at every gas station I’ve seen in the last 20 years. Oh, and when you add sales tax, that 5, 6, 7 10 or whatever % rarely adds up to an exact number of cents. You’re being rounded, dude.

And while we’re at it, why not get rid of the $1 bill? Dollar coins last longer and cost less to keep in circulation. But we Americans form irrational attachments to our coins and currency.


17 posted on 11/16/2007 11:21:08 PM PST by ReignOfError
[ Post Reply | Private Reply | To 2 | View Replies ]


To: ReignOfError
Will prices be rounded? Sure. They are now. Unless your produce weighs precisely one pound or your gas is precisely one gallon, the price is being rounded to the nearest cent.

We can't afford to let the market decide this rounding issue. It is about time the government issued a fifty thousand volume code regulating the rounding of pennies. It is for the children.

:-)
42 posted on 11/17/2007 9:47:03 PM PST by cgbg (The fight has just begun against the bully (nanny) state.)
[ Post Reply | Private Reply | To 17 | View Replies ]

To: ReignOfError
Will prices be rounded? Sure. They are now

So, your solution is encourage that rounding factor by 250%? Instead of being shorted a tenth or quarter or a half cent constantly, you want to be shorted 2.5 cents?

Call me Jack Benny, but that seems wasteful of my hard earned cents.

51 posted on 11/18/2007 7:23:50 PM PST by LexBaird (Behold, thou hast drinken of the Aide of Kool, and are lost unto Men.)
[ Post Reply | Private Reply | To 17 | View Replies ]

Free Republic
Browse · Search
News/Activism
Topics · Post Article


FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson