Trump goes there.
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I hadn't really thought about it, but as usual with many things, there are "unintended consequences"
Phasing out the penny could result in needing to make more nickels, and the US Treasury Department loses far more money on every nickel than it does on every penny.
and
According to the latest annual report from the US Mint, each penny cost 3.7 cents to make, including the 3 cents for production costs, and 0.7 cents per coin for administrative and distribution costs. But each nickel costs 13.8 cents, with 11 cents of production costs and 2.8 cents of administrative and distribution costs. These figures are for the government’s fiscal year, which ends on September.
https://www.cnn.com/2025/02/10/business/costs-of-pennies-and-nickels/index.html
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Again, the cost of manufacturing every single individual denomination is irrelevant. The cost of manufacturing currency as a whole is what matters. Otherwise this argument leads to doing away with the nickel, then the quarter, then the dollar…
And what happens to the $250M of pennies currently in circulation?
The Brad
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Again, the cost of manufacturing every single individual denomination is irrelevant. The cost of manufacturing currency as a whole is what matters. Otherwise this argument leads to doing away with the nickel, then the quarter, then the dollar…
And what happens to the $250M of pennies currently in circulation?
@LuFins-Dad said in Trump goes there.:
And what happens to the $250M of pennies currently in circulation?
They're going to be melted down and turned into an enormous statue of the greatest man who ever lived, which will serve as a memorial to his grace, wisdom and wit.
I was only joking
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What are the odds that by 2028, we'll see an order from Trump to include his face on the $100. His reason will be that Franklin wasn't even popular enough to be President! SAD
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@LuFins-Dad said in Trump goes there.:
And what happens to the $250M of pennies currently in circulation?
They're going to be melted down and turned into an enormous statue of the greatest man who ever lived, which will serve as a memorial to his grace, wisdom and wit.
@Doctor-Phibes said in Trump goes there.:
@LuFins-Dad said in Trump goes there.:
And what happens to the $250M of pennies currently in circulation?
They're going to be melted down and turned into an enormous statue of the greatest man who ever lived, which will serve as a memorial to his grace, wisdom and wit.
I think he already started that, look at that YUGE penny behind him!
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Living rent free.
“Cry havoc and let slip the DOGE of war!”
Warning: I post things that interest me. Read and comment at your own discretion.
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@Jolly said in Trump goes there.:
Living rent free.
Yes, he really ought to be paying rent. Maybe that's why he wants all the pennies.
You just know he's got some kind of weird-ass scam in mind
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@Jolly said in Trump goes there.:
Living rent free.
Yes, he really ought to be paying rent. Maybe that's why he wants all the pennies.
You just know he's got some kind of weird-ass scam in mind
@Doctor-Phibes said in Trump goes there.:
@Jolly said in Trump goes there.:
Living rent free.
Yes, he really ought to be paying rent. Maybe that's why he wants all the pennies.
You just know he's got some kind of weird-ass scam in mind
No, just look at the posting history around here. The anti-Trumpers gave ramped up by at least 30-40%. Y'all can't help it it...And it's not to comment on whether you agree or disagree with a policy or action, it's a constant denigration spree.
Sometimes it can be funny, but mostly it's a nonsensical dog pile. It's like a constant reminder of how much some want reform to fail and how much some people hate the man.
Maybe George has the right idea...
“Cry havoc and let slip the DOGE of war!”
Warning: I post things that interest me. Read and comment at your own discretion.
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@Doctor-Phibes said in Trump goes there.:
@Jolly said in Trump goes there.:
Living rent free.
Yes, he really ought to be paying rent. Maybe that's why he wants all the pennies.
You just know he's got some kind of weird-ass scam in mind
No, just look at the posting history around here. The anti-Trumpers gave ramped up by at least 30-40%. Y'all can't help it it...And it's not to comment on whether you agree or disagree with a policy or action, it's a constant denigration spree.
Sometimes it can be funny, but mostly it's a nonsensical dog pile. It's like a constant reminder of how much some want reform to fail and how much some people hate the man.
Maybe George has the right idea...
@Jolly said in Trump goes there.:
@Doctor-Phibes said in Trump goes there.:
@Jolly said in Trump goes there.:
Living rent free.
Yes, he really ought to be paying rent. Maybe that's why he wants all the pennies.
You just know he's got some kind of weird-ass scam in mind
No, just look at the posting history around here. The anti-Trumpers gave ramped up by at least 30-40%. Y'all can't help it it...And it's not to comment on whether you agree or disagree with a policy or action, it's a constant denigration spree.
Sometimes it can be funny, but mostly it's a nonsensical dog pile. It's like a constant reminder of how much some want reform to fail and how much some people hate the man.
Maybe George has the right idea...
At some point you'll realise I'm kidding. I know America is SERIOUS BUSINESS. Still....
And I reviewed all the positive things you said about his predecessor. It didn't take long.
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@Doctor-Phibes said in Trump goes there.:
@Jolly said in Trump goes there.:
Living rent free.
Yes, he really ought to be paying rent. Maybe that's why he wants all the pennies.
You just know he's got some kind of weird-ass scam in mind
No, just look at the posting history around here. The anti-Trumpers gave ramped up by at least 30-40%. Y'all can't help it it...And it's not to comment on whether you agree or disagree with a policy or action, it's a constant denigration spree.
Sometimes it can be funny, but mostly it's a nonsensical dog pile. It's like a constant reminder of how much some want reform to fail and how much some people hate the man.
Maybe George has the right idea...
@Jolly said in Trump goes there.:
No, just look at the posting history around here. The anti-Trumpers gave ramped up by at least 30-40%. Y'all can't help it it...And it's not to comment on whether you agree or disagree with a policy or action, it's a constant denigration spree.
Sometimes it can be funny, but mostly it's a nonsensical dog pile. It's like a constant reminder of how much some want reform to fail and how much some people hate the man.
I'm not aware of anyone on this forum who wants reform to fail, or who hate Trump. You see it as a dog pile, I see it as Trump introducing new ideas or controversies daily, and (at least for me) my refusal to become numb to the lies, hypocrisy, petulance (yes, my word of the year). I have been quick to compliment good changes Trump has made, but I'm also quick to call out BS.
Funny, last night I finished Chernobyl, and thought this line about lies vs truth hit hard. Essentially he's remarking that the USSR's lying became so common that folks forgot to require the truth.
Link to video -
What are the odds that by 2028, we'll see an order from Trump to include his face on the $100. His reason will be that Franklin wasn't even popular enough to be President! SAD
@89th said in Trump goes there.:
What are the odds that by 2028, we'll see an order from Trump to include his face on the $100. His reason will be that Franklin wasn't even popular enough to be President! SAD
Already started. A goat statue in Mar A Lago
(I am guessing that probably technically, it is illegal to deface the money like this)
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What are the odds that by 2028, we'll see an order from Trump to include his face on the $100. His reason will be that Franklin wasn't even popular enough to be President! SAD
@89th said in Trump goes there.:
What are the odds that by 2028, we'll see an order from Trump to include his face on the $100. His reason will be that Franklin wasn't even popular enough to be President! SAD
Hamilton was a perennial target of Republicans that wanted to put Reagan on the 10 for the same reason. The musical probably saved us from refacing the 10 for another two generations.
Funny to think of a GOP enthralled by Reagan. Seems so quaint.
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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.
“Don’t make me repeat myself”
- history
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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.
@jon-nyc said in Trump goes there.:
Heard an interesting counter argument
You heard it here at post #21. 555
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https://www.inc.com/steve-strauss/what-the-end-of-the-penny-means-for-business/91149619
Goes into the physiological of pricing.
