Trump goes there.

[jon-nyc]

Heard an interesting counter argument, this proposal would require us to mint more nickels which apparently cost 13c each or something.

Not sure how it all nets out or if cost really would be why you’d do this anyway, but it seems a valid consideration.

[jon-nyc]

Another reason to do this is it frees up cash register space to have a real dollar coin that people use.

Though we may be far enough post-cash for that never to be important.

[taiwan_girl]

@jon-nyc said in Trump goes there.:

Heard an interesting counter argument

You heard it here at post #21. 555

[taiwan_girl]

https://www.inc.com/steve-strauss/what-the-end-of-the-penny-means-for-business/91149619

Goes into the physiological of pricing.

[jon-nyc]

https://amp.cnn.com/cnn/2025/05/22/business/us-discontinue-penny

[taiwan_girl]

I mostly agree with this.

[jon-nyc]

I’m somewhere between indifferent and fine with it.

[LuFins Dad]

The whole point of “it costs more to produce than its actual worth” is ridiculous.

[jon-nyc]

Interesting take. I mean, if it really is about production costs.

[LuFins Dad]

Nickels are more expensive relating to value than any other coin or currency at $.14 per coin. Dimes cost around $.05, Quarters are around $.15, and bills cost between $.03-$.10. So obviously, we should just make the pennies equal $100 and reverse the denominations.

I repeat, this is so stupid.

[Axtremus]

So a future meme and movie trope may be "he's so poor he could only afford to burn penny bills"?

[jon-nyc]

WSJ reports that the US Mint stopped making pennies today.

[89th]

I wonder how much that last penny is worth.

https://www.reddit.com/r/Damnthatsinteresting/s/PltzeTllLX