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Not a fan of the "they cost more to make than they're worth" argument. How much does it cost to make a $100 bill? Nevertheless, we Canadians have been without
by iLoch 10y ago
Not a fan of the "they cost more to make than they're worth" argument. How much does it cost to make a $100 bill?
Nevertheless, we Canadians have been without pennies for a few years now. I have no complaints, just less change, which is nice.
- ClassyJacket 10y ago15.5 cents https://www.federalreserve.gov/faqs/currency_12771.htm https://www.federalreserve.gov/faqs/currency_12771.htm
- newjersey 10y agoWouldn't the next logical conclusion be to get rid of cash altogether? Did I fall for a slippery slope fallacy?
- ue_ 10y ago> Wouldn't the next logical conclusion be to get rid of cash altogether? I like this solution. Get rid of the need for money, too.
- astrodust 10y agoThat 15 cents helps facilitate commerce, and the lifetime of a bill is usually more than a single transaction. It's not a huge cost unless people are destroying a lot of bills.
- deleted 10y ago[deleted]