Trump goes there.
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wrote on 13 Feb 2025, 02:23 last edited by
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wrote on 1 Mar 2025, 17:44 last edited by
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.
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wrote on 1 Mar 2025, 17:47 last edited by
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.
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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.
wrote on 3 Mar 2025, 15:05 last edited by@jon-nyc said in Trump goes there.:
Heard an interesting counter argument
You heard it here at post #21. 555
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wrote on 9 Mar 2025, 02:59 last edited by
https://www.inc.com/steve-strauss/what-the-end-of-the-penny-means-for-business/91149619
Goes into the physiological of pricing.
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wrote 18 days ago last edited by
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wrote 18 days ago last edited by
I mostly agree with this.
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wrote 18 days ago last edited by
I’m somewhere between indifferent and fine with it.
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wrote 18 days ago last edited by
The whole point of “it costs more to produce than its actual worth” is ridiculous.
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wrote 17 days ago last edited by jon-nyc
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wrote 17 days ago last edited by
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.
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wrote 17 days ago last edited by
So a future meme and movie trope may be "he's so poor he could only afford to burn penny bills"?