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The New Coffee Room

  1. TNCR
  2. General Discussion
  3. Trump goes there.

Trump goes there.

Scheduled Pinned Locked Moved General Discussion
47 Posts 11 Posters 638 Views
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  • jon-nycJ Online
    jon-nycJ Online
    jon-nyc
    wrote on last edited by
    #37

    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.

    "You never know what worse luck your bad luck has saved you from."
    -Cormac McCarthy

    taiwan_girlT 1 Reply Last reply
    • jon-nycJ Online
      jon-nycJ Online
      jon-nyc
      wrote on last edited by
      #38

      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.

      "You never know what worse luck your bad luck has saved you from."
      -Cormac McCarthy

      1 Reply Last reply
      • jon-nycJ 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.

        taiwan_girlT Offline
        taiwan_girlT Offline
        taiwan_girl
        wrote on last edited by
        #39

        @jon-nyc said in Trump goes there.:

        Heard an interesting counter argument

        You heard it here at post #21. 555

        1 Reply Last reply
        • taiwan_girlT Offline
          taiwan_girlT Offline
          taiwan_girl
          wrote on last edited by
          #40

          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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          • jon-nycJ Online
            jon-nycJ Online
            jon-nyc
            wrote on last edited by
            #41

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

            "You never know what worse luck your bad luck has saved you from."
            -Cormac McCarthy

            1 Reply Last reply
            • taiwan_girlT Offline
              taiwan_girlT Offline
              taiwan_girl
              wrote on last edited by
              #42

              I mostly agree with this.

              1 Reply Last reply
              • jon-nycJ Online
                jon-nycJ Online
                jon-nyc
                wrote on last edited by
                #43

                I’m somewhere between indifferent and fine with it.

                "You never know what worse luck your bad luck has saved you from."
                -Cormac McCarthy

                1 Reply Last reply
                • LuFins DadL Offline
                  LuFins DadL Offline
                  LuFins Dad
                  wrote on last edited by
                  #44

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

                  The Brad

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                  • jon-nycJ Online
                    jon-nycJ Online
                    jon-nyc
                    wrote on last edited by jon-nyc
                    #45

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

                    "You never know what worse luck your bad luck has saved you from."
                    -Cormac McCarthy

                    1 Reply Last reply
                    • LuFins DadL Offline
                      LuFins DadL Offline
                      LuFins Dad
                      wrote on last edited by
                      #46

                      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.

                      The Brad

                      1 Reply Last reply
                      • AxtremusA Offline
                        AxtremusA Offline
                        Axtremus
                        wrote on last edited by
                        #47

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

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