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The USA currently rounds to nearest cent and it works well. I could buy 1.49 cents worth of something and have it rounded to 1 cent. If the rounding becomes 5c
by AnotherGoodName 7y ago
The USA currently rounds to nearest cent and it works well. I could buy 1.49 cents worth of something and have it rounded to 1 cent.
If the rounding becomes 5cents rather than 1cent it doesn't change a lot.
I'm reminded of a comedy skit from childhood based on Australia removing 1 and 2 cent pieces. A guy buys 2 cents of petrol at a time repeatedly pushing his car from pump to pump at a service station. It went on for a while and eventually the owner at the counter, who was down a whole 10 cents at this point, just shook his head and laughed while exclaiming "Dickhead!".