Stop making cents: US Mint moves forward with plans to kill the penny
Stop making cents: US Mint moves forward with plans to kill the penny
The U.S. Mint has made its final order of penny blanks and plans to stop producing the coin when those run out.
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frankly they might aswell cut the 5 cent piece too while theyre at it.
Make a 20¢ piece instead of the quarter and everything can go to the nearest 10¢. Then eventually we can get rid of the dime too and everything can go to the nearest 20¢.
Please do not put the idea in Trump's head that he can mint new denominations. They will all have his face.
This is the forward thinking we need right now.
This is what the euro currency did, I expect for this reason.
No, forward thinking is to depreciate the dime, ahead of its time. When the penny was introduced it was worth the equivalent of 37 cents today. Round only to quarters. No new coins - a new 20 cent piece wouldn’t be compatible with coin infrastructure today.
If we actually optimized the cost of production beforehand this could work