9.12.2010

Eliminate the Penny



Pennies cost 1.7¢ to make. They create economic losses of up to $1b/year. You can’t buy anything with them. And they’re nasty. I hate pennies. Nickels, too. Abolish both. Maybe a silver lining to Bernanke’s inevitable debt monetization will be the elimination of worthless coins?


Comment: HT Bearish News

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